ECB calls for tougher MiCA stablecoin rules amid financial stability risks

23rd September, 2026

Zak Jakubowski
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The European System of Central Banks (ESCB) has called for amendments to the EU's Markets in Crypto-Assets (MiCA) Regulation, including changes to stablecoin reserve requirements and stronger supervision of major crypto firms, warning that wider adoption could create risks for banks and financial markets.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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