Browsing: MiCA

Ethereum

Circle wants EU to ease MiCA bank deposit rules for stablecoins

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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…