The European Banking Authority has floated barring EU crypto service providers from arranging or facilitating borrowing and lending involving stablecoins that lack authorization under the bloc’s Markets in Crypto-Assets regulation, or MiCA. In its Sept. 24 response to the European Commission’s MiCA... Read the full story at The Defiant
Crypto
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms
The regulator wants the EU to examine rules for DeFi gateways, with leverage caps and certification of lending protocols among the options.
