The ECB's proposal to replace MiCA's stablecoin reserve rule with liquidity-focused requirements could enhance financial stability and flexibility. The post European Central Bank seeks to scrap MiCA’s stablecoin reserve rule appeared first on Crypto Briefing .
The ECB and EU central banks want to replace MiCA’s stablecoin bank-deposit requirements with liquidity thresholds, warning that sudden withdrawals could strain lenders.
The European Central Bank and the EU’s 27 national central banks have asked regulators to replace MiCA’s 30% and 60% bank-deposit floors for stablecoin reserves with maturity-based liquidity requirements. The European System of Central Banks said in its response to…