
MiCA review nears deadline as industry pushes for proportional rules
- —A CASP licence in one EU state now covers a market of 450 million people
- —The MiCA review consultation closes on September 30
- —Stablecoin issuers must hold at least 30% of reserves in bank deposits
- —Industry proposes tiered rules based on firm size and risk
Why it matters: The review's outcome will shape compliance costs and market access in the EU, potentially pushing some crypto firms to friendlier jurisdictions.
Source: CryptoHamster
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