The ECB is winning support for a ban on stablecoins issued jointly in the bloc and other jurisdictions
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Promote with Leviathan NewsTL;DR: EU watchdogs, led by the ECB, want to ban “multi-issuance” stablecoins over financial stability risks. This threatens Circle & Paxos’ EU model, exposes tensions in MiCA regulation, and highlights Europe’s pushback against dollar-backed crypto dominance.
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- EU Systemic Risk Board recommends banning multi issuance ... (ledgerinsights.com)
- ECB seeks ban on multi-issuance stablecoins, eyes digital euro ... (investinglive.com)
- The ECB is winning support for a ban on stablecoins issued jointly in ... (x.com)
- Stablecoins on the rise: still small in the euro area, but spillover risks ... (ecb.europa.eu)
- Multi-issuer stablecoins: A threat to financial stability - CEPR (cepr.org)
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