The EU cryptocurrency market is preparing for significant changes as the first Markets in Crypto Assets (MiCA) regulations come into force. The first rules regarding stablecoins will go into effect on June 30th. Regulations for cryptoasset service providers will appear in December. This is the first legislation in Europe establishing common market rules for crypto assets in the EU. This could mean that crypto exchanges could delist non-compliant stablecoins or restrict services to EU and EEA users.