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European Banking Authority (EBA)
European Banking Authority to Finalize Stablecoin Monitoring Rules This Month
- The new regulations prohibit stablecoins from facilitating more than 1 million transactions or exceeding daily transaction values of 200 million euros.
- Transactions involving parties outside the EU may be excluded from the cap calculations, but those with at least one party within the EU are likely to be counted.
Thursday, 27/06/2024 | 14:23 GMT by
Jared Kirui
EU Takes Aim at Multi-Currency Stablecoin Regulation with EBA Draft
- ARTs can reference multiple currencies and assets, unlike traditional stablecoins.
- Stablecoin regulations may be enforced this summer, preceding the broader MiCA framework for December.
Wednesday, 13/03/2024 | 13:00 GMT by
Tareq Sikder
EBA Takes On Crypto Risks: Extends Money Laundering Guidelines to CASPs
- These guidelines aim to equip the CASPs to identify and mitigate cryptocurrency risks.
- Specific risks highlighted by the regulator include rapid crypto-asset transfers and features concealing user identities.
Tuesday, 16/01/2024 | 15:21 GMT by
Jared Kirui
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