๐ฅ ECB pushes for MiCA rules
The ECB wants to amend MiCA so that large stablecoin issuers hold fewer reserves in banks.
๐ EU central banks believe the current requirement may transfer stress from stablecoins to banks.
The revision could affect euro stablecoins, in particular EURC from Circle.
$EUR
$CIEN
$M
The ECB wants to amend MiCA so that large stablecoin issuers hold fewer reserves in banks.
๐ EU central banks believe the current requirement may transfer stress from stablecoins to banks.
The revision could affect euro stablecoins, in particular EURC from Circle.
$EUR
$CIEN
$M