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ECB Seeks Changes to EU’s MiCA Over U.S. Crypto Policies
ECB Seeks Changes to EU’s MiCA Over U.S. Crypto Policies
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The European Central Bank is pushing for changes to the EU’s Markets in Crypto Assets legislation due to concerns that U.S. support for crypto could harm the 27-nation bloc economically. The bank wants a rewrite of MiCA, which came into full effect last year, bringing it into conflict with the European Commission. U.S. legislation, such as the STABLE Act, is a cause for concern for the ECB.
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