The context: the Mica law causes changes to the management of digital assets, especially on the side of Stablecoins. The regulations and the legal framework provided by Mica regulations could have good with regard to the clarity of the rules to follow, but this is not necessarily the case for your passive yields. Indeed, since by the implementation of the Mica law, Europe could protect investors … Even against passive returns offered by stablecoins. Stablecoins give yields to everyone except Europeans! Your money in Stablecoins allows you to earn interest in now? This may soon no longer be the case due to a ban on this kind of initiative in order to adjust to requests from the Mica law. The bad news in this direction already start to fall, since if Paypal will offer annual yields of 3.7 % in order to boost the use of its stablecoin Pyusd, European customers will unfortunately not be able to take advantage of it. Europe wishes to protect you … against the yields that you could earn with your sleeping money. It is in substance the message that the ban refers, as part of the Mica regulation, to remunerate the stablecoins. Yesterday, we learned that PayPal was going … Pic.twitter.com/inf2zt6wkz— Grégory Raymond (@gregory_raymond) April 24, 2025 Passed, the prohibitions related to compliance with the Mica law have already led to Coinbase, which ended the awards for Europeans holders of USDC who hoped to win passive gains. In December 2024, the Exchange had to resolve to end the reward system linked to stablecoins for its European users in order to adjust to the new regulations in place. In the end, if users of more than 100 jurisdictions manage to enjoy passive stable -co -yields, European customers are gradually discarded from the win, even though the reserves of these stable currencies offered to the users of the old continent are however supervised. Europe has struck where it alone has the secret: the others can take advantage of winning 3.7 % on the stablecoin of Paypal, or even more on other stable currencies but the Europeans are deprived of them … for their own safety. Morality of history: with the Mica law, more than being protected, Europeans are taken for the stuffing turkeys. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.
Mica protects you by removing your earnings on Stablecoins
