These days there is a lot of news about MICA licence in European market and because of this we have seen how the bnb coin price was impacted because it was anticipated that binance exchange might not get the licence over there. It is very important for some leading exchanges to have the licence over there and if they lose the licence then it is difficult for them to get it back.

Circle is the company that managers the issuance for usdc coin which is a leading stable coin in the market after usdt which is also managed by the tether company. Now the circle company has got the licence to operate as a global issue were for the stable coin in Europe region which I think is a great news for the company and whole ecosystem also.

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While this is a good news for the crypto ecosystem that circle as a company has got the opportunity to provide their services in European region but I also and his weight that some other leading exchanges also got the opportunity to provide their services in the market because if any exchange or maybe more than one exchange get the permission to operate in multiple regions it at some more value in their own portfolio.

Encrypt market it is good to have more people entering crypto so that the entire ecosystem can be strength then and more value can be added also.

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