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European Central Bank seeks to scrap MiCA’s stablecoin reserve rule

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ECB seeks MiCA reserve change flagged by Tether in 2024
The European Central Bank and the EU’s 27 national central banks have asked regulators to replace MiCA’s 30% and 60% bank-deposit floors for stablecoin reserves with maturity-based liquidity requirements. The European System of Central Banks said in its response to…
Crypto.news•Lawrence Mondal
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ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
The ECB and EU central banks want to replace MiCA’s stablecoin bank-deposit requirements with liquidity thresholds, warning that sudden withdrawals could strain lenders.
Cointelegraph•Cointelegraph by Helen Partz
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European Central Bank seeks to scrap MiCA’s stablecoin reserve rule
The ECB's proposal to replace MiCA's stablecoin reserve rule with liquidity-focused requirements could enhance financial stability and flexibility.
CryptoBriefing•Editorial Team