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EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms

TLDR — The European Banking Authority has floated barring EU crypto service providers from arranging or facilitating borrowing and lending involving stablecoins that lack authorization under the bloc’s Markets in Crypto-Assets

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The European Banking Authority has floated barring EU crypto service providers from arranging or facilitating borrowing and lending involving stablecoins that lack authorization under the bloc’s Markets in Crypto-Assets regulation, or MiCA. In its Sept. 24 response to the European Commission’s MiCA... Read the full story at The Defiant

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