#StablecoinLaw The regulation of stablecoins is evolving globally, with various countries implementing regulations to ensure financial stability and consumer protection. Here is an overview of the current landscape:

European Union (EU)

The EU's Markets in Crypto-Assets Regulation (MiCA) is an important regulatory framework that oversees crypto assets, including stablecoins. Key aspects of MiCA include ¹:

- *Authorization*: Stablecoin issuers must be registered and have a license from EU regulators.

- *Reserve Requirements*: Issuers must maintain liquid reserves equivalent to the circulating supply of their stablecoins.

- *Transparency*: Regular audits and real-time solvency disclosures are mandatory.

- *Transaction Limits*: Stablecoin transactions exceeding €200 million per day will trigger stricter capital reserve requirements.