EU Could Veto Large Stablecoins During Approval Process Under MiCA, EBA Signals

In reply to an extra query from former U.S. Commodity Futures Buying and selling Fee Chairman Timothy Massad, Campa additionally appeared to share considerations voiced by the U.S. central financial institution, Federal Deposit Insurance coverage Company, and Workplace of the Comptroller of the Foreign money that stablecoins on decentralized, permissionless blockchains might show unsafe or unsound.