European Commission to ease rules on foreign stablecoins despite ECB opposition

The European Union is preparing to relax its stance on foreign-issued stablecoins, potentially allowing U.S. dollar-backed tokens like USDC and USDT to circulate freely within the bloc, the Financi...

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European Commission to ease rules on foreign stablecoins despite ECB opposition

Source: CryptoSlate

The European Union is preparing to relax its stance on foreign-issued stablecoins, potentially allowing U.S. dollar-backed tokens like USDC and USDT to circulate freely within the bloc, the Financial Times reported on June 25. According to the report, the European Commission will soon issue formal guidance enabling stablecoins issued outside the EU to be treated […]