🇪🇺 Circle calls for a reexamination of stablecoin rules in Europe
Circle, the issuer of USDC, is pushing to amend certain MiCA requirements related to stablecoin reserves.
Replacing fixed bank deposit ratios with more flexible liquidity requirements.
Easing restrictions on the distribution of reserves among banks.
Circle says only 3 of the 25 largest stablecoins are currently subject to MiCA.
The regulatory framework is expected to be reviewed in 2027.
A review that could reshape the future of stablecoins in Europe.
#USDC #Circle #MiCA #Stablecoins #crypto
Circle, the issuer of USDC, is pushing to amend certain MiCA requirements related to stablecoin reserves.
Replacing fixed bank deposit ratios with more flexible liquidity requirements.
Easing restrictions on the distribution of reserves among banks.
Circle says only 3 of the 25 largest stablecoins are currently subject to MiCA.
The regulatory framework is expected to be reviewed in 2027.
A review that could reshape the future of stablecoins in Europe.
#USDC #Circle #MiCA #Stablecoins #crypto
