What is happening because of #MiCA ❓️❓️

👨‍⚖️ The rules established by "Markets in Crypto-Assets" founded by #EuropeanUnion in 2020 with the aim of protecting private and corporate European investors have profoundly shaken the foundations of many systems of #crypto . 😟

In particular (as expressed in the key points of the attached image) its arm of justice has struck assets coming from outside the Eurozone to, according to the commission, safeguard against fraud and financial instability.

💸 Among the various affected cryptos are:

-Tether USDT

-Dai

-First Digital USD (FDUSD)

-TrueUSD (TUSD)

-Pax Dollar (USDP)

-Anchored Euro (AEUR)

-TerraUSD (UST)

-TerraClassicUSD (USTC)

-PAX Gold (PAXG)

What do you think? What repercussions do you think this action will have? Is there a possibility of lifting the bans?

One thing is certain: the crypto community is strong and such a blow, although painful, will not undermine the entire structure.