France Pushes Tighter Curbs on Dollar Stablecoins and Self-Custody Wallets
France urges stronger MiCA rules to curb USD stablecoin risks as lawmakers move to mandate reporting of self-custody crypto holdings above 5,000 euros.
France urges stronger MiCA rules to curb USD stablecoin risks as lawmakers move to mandate reporting of self-custody crypto holdings above 5,000 euros.
MEXC has appointed Vugar Usi as its new CEO and said it is pursuing global licensing, including under the EU’s MiCA framework.
The EU wants ESMA to supervise major CASPPs, but Malta’s MFSA and lawyer Ian Gauci warn that centralizing crypto oversight risks fragmentation and offshore drift.
ECB staff paper finds governance in Aave, MakerDAO, Ampleforth and Uniswap is dominated by a few large holders and opaque delegates, complicating MiCA’s DeFi approach.
Euro stablecoins and Circle’s EURC are dominating non-dollar markets as European businesses slowly take note of stablecoin payments.
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