The post ECB Wants EU to Scrap MiCA’s 60% Stablecoin Reserve Rule appeared first on Coinpedia Fintech News
The European Central Bank and all 27 EU national central banks are pushing for a major change to Europe’s stablecoin rules. They are arguing that the current MiCA’s 60% reserve rule could put banks at risk. The central banks want issuers to move more reserves into short-term, highly liquid assets instead of commercial bank deposits. …
The post ECB Wants EU to Scrap MiCA’s 60% Stablecoin Reserve Rule appeared first on Coinpedia Fintech News
The European Central Bank and all 27 EU national central banks are pushing for a major change to Europe’s stablecoin rules. They are arguing that the current MiCA’s 60% reserve rule could put banks at risk. The central banks want issuers to move more reserves into short-term, highly liquid assets instead of commercial bank deposits. …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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