EU MiCA will face a key deadline on June 30, and stablecoin regulations will be gradually implemented

The EU's Market in Crypto-Assets (MiCA) regulations will be implemented in stages. June 30th is a key deadline, with some regulations applicable to stablecoins gradually being implemented. Existing stablecoin issuers must begin adjusting their operations from the June 30th deadline to comply with certain MiCA requirements, but the strictest requirements (such as capital and reserve obligations) will be fully effective later, ensuring existing businesses have an adaptive transition period. Stablecoin issuers operating outside the EU but providing services to EU residents must also comply with MiCA regulations.