MiCA 重塑穩定幣監管

MiCA 對 USDC 等穩定幣引入了嚴格的監管。從 2023 年 6 月起，主要部分將於 2024 年 6 月 30 日生效，MiCA 要求電子貨幣代幣：

European users will no longer be able to earn rewards on the stablecoin USDC after November 30. The final rewards will be distributed in the first 10 business days of December, the exchange announced Monday.

11 月 30 日之後，歐洲用戶將無法再透過穩定幣 USDC 獲得獎勵。

The move comes as part of a broader regulatory shift in the European Union. The Markets in Crypto Assets (MiCA) regulation, set to be fully implemented by June 30, 2024, will introduce strict rules for stablecoins.

此舉是歐盟更廣泛監管轉變的一部分。加密資產市場 (MiCA) 監管將於 2024 年 6 月 30 日全面實施，將為穩定幣引入嚴格的規則。

Among other things, MiCA will require stablecoin issuers to be licensed credit or electronic money institutions, have reserves fully covering the circulating supply of the stablecoin, and allow token holders to redeem at face value.

除此之外，MiCA 將要求穩定幣發行者是獲得許可的信貸或電子貨幣機構，擁有完全覆蓋穩定幣流通供應的儲備，並允許代幣持有者按面值贖回。

The regulation also bans interest on e-money tokens, a category that includes stablecoins pegged to fiat currencies. This is intended to distinguish them from traditional financial instruments while ensuring their stability.

該法規還禁止對電子貨幣代幣產生利息，該類別包括與法定貨幣掛鉤的穩定幣。這樣做的目的是為了將其與傳統金融工具區分開來，同時確保其穩定性。

Coinbase said it’s adjusting its offerings “in line with MiCA,” which also includes delisting non-compliant stablecoins in the European Economic Area (EEA).

Coinbase 表示，它正在「根據 MiCA」調整其產品，其中還包括在歐洲經濟區 (EEA) 下架不合規的穩定幣。

Other major crypto firms have also announced their compliance measures. Uphold said it will be pausing services in the EEA on December 31, while Bitstamp said it will be fully licensed by the beginning of 2023. Tether, the issuer of the world’s largest stablecoin USDT, said it will be applying for registration under MiCA.

其他主要加密貨幣公司也宣布了其合規措施。 Uphold 表示將於 12 月 31 日暫停在 EEA 的服務，而 Bitstamp 表示將在 2023 年初獲得完全許可。

The move is set to affect a large number of European crypto users, as USDC is the second-most traded cryptocurrency in the region after bitcoin. The stablecoin rewards were a key incentive for many users to hold their crypto on Coinbase.

此舉將影響大量歐洲加密貨幣用戶，因為 USDC 是該地區僅次於比特幣的第二大交易加密貨幣。穩定幣獎勵是許多用戶在 Coinbase 上持有加密貨幣的關鍵動機。

However, the regulatory changes are necessary to ensure the safe and sound development of the crypto market, especially as stablecoins become more central to digital payments.

然而，為了確保加密貨幣市場的安全和健康發展，監管變化是必要的，特別是當穩定幣成為數位支付的核心時。