EBA Discusses Proposed Guidelines for Stablecoin Issuers
European banking regulators have urged stablecoin issuers and other stakeholders to dialogue with regulators ahead of proposed stablecoin rules under the Markets in Crypto Assets (MICA) regulation.
The European Banking Authority (EBA) at a Jan 11 public hearing organized to examine the proposed regulations on stablecoins rolling out under the MICA framework.
In line with global standards, the financial regulators called for improved synergy between stakeholders in the sector and regulators to produce the perfect template to guide operational practices in the market.
#EBA consultation on requirements for policies and procedures on conflicts of interest for issuers of asset-referenced tokens (ARTs) under #MiCAR.
Aim: strengthen the management of conflicts of interest, ensure convergence of requirements across the #EUhttps://t.co/QRYWaaTonF pic.twitter.com/g76MC0VwyM
— EU Banking Authority – EBA
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