The European Union has just put $USDC under the microscope.

European financial authorities have classified this stablecoin as a significant electronic money token under MiCA regulations.

This means it will come under the direct supervision of France and other EU authorities.

It’s a major change in how the market’s second-largest stablecoin is managed.

What do you think of this level of oversight?

#Crypto #Regulacion #USDC