EU MiCA rules pose ‘systemic’ banking risks for stablecoins
- Posted on October 28, 2024
- By Cointelegraph
- 4 Views
EU MiCA rules pose ‘systemic’ banking risks for stablecoins
The upcoming MiCA regulation will introduce “systemic” risks for the stability of stablecoins since large issuers will be required to hold over 60% of reserves on bank balance sheets, according to Paolo Ardoino.
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