European central banks are openly opposed to the MiCA rule imposing 60% stable reserves in bank deposits: according to them, this would expose banks to stablecoin volatility and weaken traditional deposits. Meanwhile, BNB has just surpassed the market capitalization of BNY Mellon with $104.95 billion. The paradox is delicious: traditional finance is being caught up by the crypto it is trying to regulate at all costs. Bitcoin consolidates at 86 581 $ (+0,83%) and Ethereum at 2 751 $ (+0,44%) while Brussels is still looking for how to regulate an industry that isn’t waiting for it. The real question: can Europe regulate what it doesn’t understand? #MiCA #Stablecoins