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EU Could Veto Large Stablecoins During Approval Process Under MiCA, EBA Signals

Altszn.com by Altszn.com
May 11, 2023
in Blockchain, Crypto, DeFi, Web3
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EU Could Veto Large Stablecoins During Approval Process Under MiCA, EBA Signals
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In answer to a further question from former U.S. Commodity Futures Trading Commission Chairman Timothy Massad, Campa also appeared to share concerns voiced by the U.S. central bank, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency that stablecoins on decentralized, permissionless blockchains could prove unsafe or unsound.

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Read More: www.coindesk.com

Tags: approvalDeFiEBALargeMiCAprocesssignalsStablecoinsveto
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