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Financial Crypto Currency

EU's Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time

The European Banking Authority told CoinDesk it intends to publish a final report on how it will monitor stablecoin issuers by the end of the month.

By: CoinDesk

Jul 19 2024
43
13945 Views

EU's Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time

The stablecoin rules from the European Union's Markets in Crypto Assets legislation will take effect on June 30.
The rules ban stablecoins from having over 1 million daily transacti… [+5712 chars]

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Nuvei introduces off-ramping of digital cards in Europe