European Commission DG FISMA
6 stories
Circle and Tether push back on EU stablecoin reserve rules
Circle wants the EU to ease strict bank reserve rules for stablecoins and let in foreign-regulated tokens. Tether warns that forcing reserves into banks could create new risks for crypto.
ESMA stablecoin proposal could cut off custody and transfer services
Europe's top securities regulator wants to ban licensed custody and transfer services for stablecoins that don't meet EU rules. This could force holders off regulated platforms, even if they aren't trading.
EU central banks want to scrap stablecoin deposit quotas
Europe's central banks are pushing the EU to drop MiCA's mandatory bank deposit floor for stablecoins. They want liquidity-based reserve tests instead, aiming to cut contagion risk between token issuers and banks. The change could reshape how stablecoin reserves are managed.
EU Staking Rules Could Reshape Crypto Yields and Network Security
Europe is considering dedicated staking regulations that could increase user protections but also raise compliance costs and concentrate control among large providers, with potential consequences for network security and staking rewards.
EU Imposes 24-Hour Breach Reporting for Crypto Wallet Makers
Crypto wallet makers selling in the EU must now alert cyber regulators within 24 hours if they discover an exploited security flaw, as the Cyber Resilience Act's rapid reporting regime takes effect for both hardware and software wallets.
Monaco Tightens Crypto Rules Under FATF and MiCA Pressure
Monaco is overhauling its crypto regulations to align with EU MiCA standards and address FATF grey-listing, narrowing permitted services and raising compliance hurdles for providers seeking access to European-linked financial markets