Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.
EU MiCA stablecoin regulations come into effect: Law Decoded
![EU MiCA stablecoin regulations come into effect: Law Decoded EU MiCA stablecoin regulations come into effect: Law Decoded](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvYzNhNGJiZTQtMjU4Ni00ZTI3LWExZTYtMThhYmQwZjhiNTg4LmpwZw==.jpg)
Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.