Five crypto companies gain MiCA licenses across Netherlands and Malta

MoonPay, BitStaete, ZBD, and Hidden Road acquired MiCA licenses from Dutch authorities to extend operations throughout the EU. Socios.com similarly secured a MiCA license in Malta. Concurrently, Tether’s USDT market cap reduced by 2 billion USD, causing concern; however, experts assure USDT will likely maintain stability despite these regulatory pressures.