$USDC A recent speech by a senior official of the Central Bank of Ireland shed light on this decision. The official explained that these assets do not have a clear issuer, which is a key requirement under the new rules.

This means that now thousands of tokens will face regulation in the EU. Thus, digital assets that make up the majority of market activity are viewed differently. Bitcoin, Ether, USDC, and USDT will continue to operate without direct oversight from MiCA.