The law would also see the use of many stablecoins limited to 1 million transactions per day. A compromise that would see that figure only capturing real-world payments rather than trading activity is “quite a good end result” given the even more restrictive proposals being discussed, Patrick Hansen, crypto venture adviser at Presight Capital, told CoinDesk in an online interview. That view may still change, since the scope of the cap is what prompted France’s objection.
Source: https://www.coindesk.com/policy/2022/09/28/industry-offers-cautious-welcome-to-eus-landmark-crypto-law-mica/?utm_medium=referral&utm_source=rss&utm_campaign=headlines