Understanding the Newly Published Draft Rules for Stablecoins Under MiCA

Wednesday, 13 March 2024, 12:01

EU regulators recently published a set of draft Regulatory Technical Standards (RTS) outlining the guidelines for stablecoin issuers on managing complaints related to stablecoins pegged to multiple currencies. This development is a crucial step towards enhancing regulatory oversight in the digital currency space.

Understanding the Draft Rules for Stablecoins Under MiCA

The EU regulators have released a new batch of draft Regulatory Technical Standards (RTS) for stablecoins under the MiCA framework. The rules delineate the requirements for stablecoin issuers, particularly in addressing complaints related to stablecoins that are pegged to various currencies.

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