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CATEGORY: mica crypto

MiCA's stablecoin transaction cap stifles crypto adoption, say lawyers
Author: Cointelegraph By Tom Mitchelhill
United States
Source: Cointelegraph.com News
Jul 10, 2023 08:20

MiCA's stablecoin transaction cap stifles crypto adoption, say lawyers

With a $216 million cap to be imposed on stablecoins such as USDT and USDC, some say crypto adoption could be “stifled” under MiCA unless it changes.

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ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 08, 2023 05:50

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the FTX case from occurring,” she cautioned: “Certain areas still need further strengthening.” [...]

The post ECB Board Member Warns EU’s New Crypto Rules Not Sufficient appeared first on Crypto Breaking News.

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