All Things Crypto

ATC quote · Jul 1, 2024 · 0:24:38

“Sure. So Mick... It's MICA. And MICA is actually, the first major law that came out under these, that I think it's 2019, the FATF, the the financial... Oh my god. Financial action task force. I…”

ALEX DAMSKER @AlexDamsker (speaker unconfirmed)

From ATC: DAVE & KOOL TALK ALL THINGS CRYPTO, Jul 1, 2024 · Episode page

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0:23:36 Dave @DCBK2LA (speaker unconfirmed): Good. Good. Good. Good. Good. You have perfect timing. So I wanted... We were just about to jump into the Circle story, from... I think it was over the weekend or maybe it was earlier... I I I forgot the date. Was in the... I don't know if it was yesterday or today, but Circle has now officially become the first global stablecoin issuer to be issued a money transfer license under the EU's market. It took... Sorry…

0:24:38 ALEX DAMSKER @AlexDamsker (speaker unconfirmed): Sure. So Mick... It's MICA. And MICA is actually, the first major law that came out under these, that I think it's 2019, the FATF, the the financial... Oh my god. Financial action task force. I think that's what it's called. It's this international task force that's been around that's got 200 signatories to it. And I think, like, 19 member come... Countries of which, you know, The US is a member, but it usually…

0:30:23 Dave @DCBK2LA (speaker unconfirmed): Yeah. I was gonna say, so what... So the USD... So the USDC now being able to issue these stable... Like, to be able to issue stablecoins across Europe, I guess, what is... What kind of an effect does that have now? Like, are we talking about more, like, I guess I guess, oversight or working together now, I guess, like, to what you just said?

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