🇪🇺 The European Central Bank is calling for the EU to close stablecoin loopholes.
Foreign issuers should face the same strict rules as those within Europe. 👁️🧵
#Stablecoins #CryptoRegulation #TravelRule #EU #FinancialStability #Privacy

5/ The regulatory challenge is clear:
✔️ Protect financial markets
✔️ Safeguard user data
✔️ Leave space for industry growth
6/ The ECB’s message: strong local rules like the Markets in Crypto-Assets Regulation (MiCAR) help, but only global coordination can deliver stability without stifling innovation.
#Stablecoins #CryptoRegulation #TravelRule #EU #FinancialStability #Privacy
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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