Circle Urges EU to Scrap Strict Bank Deposit Rules for Stablecoins
The issuer of the second-largest stablecoin in the crypto world proposed a new regime for foreign-regulated stablecoins, where international issuers would be primarily supervised in their home jurisdiction with measures equivalent to those applied in the EU, allowing locally licensed institutions to handle distribution. Circle Proposes New Foreign Stablecoin Regime Under MiCA Circle, the issuer […]
Key Takeaways
- The issuer of the second-largest stablecoin in the crypto world proposed a new regime for foreign-regulated stablecoins, where international issuers would be primarily supervised in their home jurisdiction with measures equivalent to those applied in the EU, allowing locally licensed institutions to handle distribution.
- Circle Proposes New Foreign Stablecoin Regime Under MiCA Circle, the issuer […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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