Update
MiCA Compliance and Digital Asset Regulation Update
Patrick Hansen from Circle discussed the MiCA compliance of stablecoins at EBC12. Two out of the five largest stablecoins are compliant with MiCA, with Circle's stablecoins being two of them. The panel at EBC12 also mentioned the US Senate's failure to close debate on the CLARITY Act and the FCA's final rule set for digital assets. The discussion highlighted the need for harmonized rules across jurisdictions for a global digital asset market.