Circle's MiCA Feedback:
- Advocates multi-issuance model for stablecoins, enabling co-issuance by EU & offshore firms.
- Proposes "equivalence & recognition" framework for offshore stablecoins.
- Suggests replacing EMT reserve mandates (30% commercial banks, 60% for significant EMTs) with a minimum asset liquidity requirement.
- Recommends removing the 35% cap on single sovereign assets & 1.5% limit on single bank exposure.
These are Circle's proposals for the MiCA review, not new EU regulations.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-10-02 11:13:32 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-10-02 11:13:32 UTCEvent JSON
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"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1790939612,
"kind": 1,
"tags": [],
"content": "Circle's MiCA Feedback:\n- Advocates multi-issuance model for stablecoins, enabling co-issuance by EU \u0026 offshore firms.\n- Proposes \"equivalence \u0026 recognition\" framework for offshore stablecoins.\n- Suggests replacing EMT reserve mandates (30% commercial banks, 60% for significant EMTs) with a minimum asset liquidity requirement.\n- Recommends removing the 35% cap on single sovereign assets \u0026 1.5% limit on single bank exposure.\nThese are Circle's proposals for the MiCA review, not new EU regulations.\n\n#crypto #blockchain #news ",
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}