Regulations
By Bruce Buterin
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Euro Stablecoins Getting a Boost. Buried in the same report is a notably supportive tone toward tokenization and euro-denominated…
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What This Means for Brokers and Institutions. For institutional firms and brokers who already went through the pain of MiCA compliance, the…
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Gaps Still Wide Open. DeFi is the harder problem. Staking can, at least in theory, be tied to an identifiable service…
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The European Parliament didn't wait long. Just days after MiCA became applicable on July 1, lawmakers pushed the European Commission to map out regulatory gaps in the…
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MiCA's framework was built mostly around centralized crypto-asset service providers. That's a big chunk of the market, sure, but it leaves a massive slice of on-chain activity…
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Fragmentation is the word nobody wants to hear.
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If EU member states start adopting wildly different national approaches to DeFi or staking — because there's no EU-level rule forcing consistency — the single-market logic behind…
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Buried in the same report is a notably supportive tone toward tokenization and euro-denominated stablecoins. Europe wants financial competitiveness.
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The numbers are kind of hard to ignore. MiCA-compliant euro stablecoins — EURC, EURCV, and EURI among them — saw a 128% jump in market capitalization over the past year, reaching…
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The argument behind it is straightforward. If European banks, brokers, and fintechs can settle on-chain using a MiCA-compliant euro stablecoin, they're less dependent on…
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See also: Tether Backs Mercado Bitcoin as MiCA Squeezes USDT Out of Europe
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So the Parliament's push for euro stablecoins isn't just regulatory tidying. It's probably a deliberate effort to shift the balance, at least within Europe's own financial…
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Firms running staking products or DeFi-adjacent services need to watch this closely. The Commission's assessment hasn't landed yet, and nobody knows exactly what shape future…
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The MiCA-compliant euro stablecoin angle is probably the cleaner opportunity for institutions.
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It's worth noting that stablecoin adoption across parts of Asia and Latin America has surged in recent years, mostly driven by dollar-pegged coins.
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