EU Stablecoin Rules Advance Despite ECB Warnings
What Just Happened? Brussels is preparing to approve stablecoins issued outside the EU as compliant under MiCA standards. While this may improve access to major global stablecoins, it has sparked backlash from the ECB. ECB officials argue this move could: Weaken EU monetary sovereignty Spark outflows from EU-based bank deposits Increase financial instability during market … Read more