Brothers, pay attention! European stablecoin regulation is being heavily criticized by industry bigwigs. Bitcoin Suisse's legal counsel directly responds, information overload. Dazhong takes you through the highlights #币安Alpha上新
[Core highlights]
EU MiCA framework criticized: double standards in rules, unfair to outsiders
Swiss regulation is even more absurd: mandatory issuers to do KYC, extending to holders
Bitcoin Suisse's amazing move: shifting to Liechtenstein while also laying out plans in the Middle East, UK, and US
[Three key impacts]
Development of stablecoins in Europe may be hindered, compliance costs will rise significantly
Project parties begin "regulatory arbitrage"
When regulation becomes a shackle, smart money will always find a way out
[Key observations]
Stablecoins most affected (USDC, EURT)
Offshore regulatory zones that may benefit (Dubai, Bermuda) and trends in new license applications (focus on Liechtenstein)
Operational advice: temporarily avoid European stablecoins, pay attention to trends in Asian and Middle Eastern markets
Follow Dazhong's daily real-time analysis, more data published in the VIP group
