FILE PHOTO: Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
LONDON (Reuters) - European Union rules to regulate crypto assets will curb the market share of non-euro denominated stablecoins from 2024, potentially limiting EU competitiveness, industry representatives have said.
Ambassadors for the 27 EU states on Wednesday gave their approval to a deal on the new Markets in Crypto Assets Regulation (MiCA) thrashed out in June with the European Parliament.
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