Author: cryptoz7

Circle has urged the European Commission to remove fixed bank deposit requirements for stablecoin reserves as the EU reviews its Markets in Crypto Assets regulation. Circle urged the European Commission to reconsider MiCA rules requiring stablecoin issuers to hold at least 30% of reserves in commercial bank deposits, rising to 60% for significant issuers. The…

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Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

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