The European Commission is set to release guidance enabling the interchangeability of stablecoins between EU and non-EU issuers under the Markets in Crypto-Assets (MiCA) regulations. This move aims to streamline cross-border transactions and enhance the integration of stablecoins within the European financial system. The guidance is expected to provide clarity on regulatory expectations and operational frameworks for stablecoin issuers, fostering greater adoption and innovation in the digital asset space.
EU to Allow Stablecoin Interchangeability Under MiCA Rules
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