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4min chapter
EU Markets in Crypto-Assets (MiCA) with Seth Hertlein, Patrick Hansen, & Rebecca Rettig
Bankless
Stablecoin Regulation in the EU
Mika sets a clear regulatory path for those kind of issuers and businesses. It allows also non-banks to issue stablecoins, also so-called E-money institutions are allowed to do that. Mika requires very honorous, prudential capital buffer requirements for stablecoin businesses. There is still room for improvement on those fronts.
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