According to reports, European Central Bank President Lagarde stated that the EU's regulation on crypto assets (MiCAR) aims to address stablecoin risks in two ways. Firstly, stablecoin issuers must allow EU investors to redeem their held assets at face value at all times. Secondly, stablecoin issuers must hold a significant proportion of reserves in bank deposits.
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BlockchainArchaeologist
· 17h ago
Stablecoin is stable in lying.
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MevWhisperer
· 17h ago
Is that it? It should have been managed long ago...
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DeFiVeteran
· 17h ago
Afraid the stablecoin will explode again.
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SneakyFlashloan
· 17h ago
What if there is more regulation?
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NewDAOdreamer
· 17h ago
The reserves are not as many as those of gold shops.
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GasGuru
· 17h ago
Laughing to death, the crypto world is restricted again.
European Central Bank's Lagarde Explains New Measures in MiCAR to Address Stablecoin Risks
According to reports, European Central Bank President Lagarde stated that the EU's regulation on crypto assets (MiCAR) aims to address stablecoin risks in two ways. Firstly, stablecoin issuers must allow EU investors to redeem their held assets at face value at all times. Secondly, stablecoin issuers must hold a significant proportion of reserves in bank deposits.