ECB and EU central banks propose changes to MiCA stablecoin rules

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The European System of Central Banks has requested revisions to the Markets in Crypto-Assets regulation.
The proposal suggests replacing current requirements for holding stablecoin reserves as bank deposits with new liquidity-based standards.
These changes aim to adjust how issuers manage the backing of stablecoins.
Stablecoin issuers would face different regulatory obligations if the amendments are adopted.

Decision on potential amendments to the Markets in Crypto-Assets (MiCA) regulation
Response from European Union legislative bodies regarding the proposal

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Named European Union · Markets in Crypto-Assets · European Central Bank · European System of Central Banks

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