The guidance comes shortly after the European Central Bank (ECB) released a report on stablecoins and financial stability
MiCA will increase transparency around stablecoin reserves, carbon emissions and crypto exchange practices
EUROC is the newest euro-pegged stablecoin and experts believe it can gain traction, eventually
The risk-off sentiment in markets is here to stay, analysts say
As the ECB does due diligence on a possible CBDC, executives issue warnings about other digital assets
Policymakers in the UK opted to raise interest rates for the first time since 2018, while the ECB retains a relatively more accommodative stance
The investigation phase will last 24 months and will focus on addressing “key issues regarding design and distribution” of a digital euro, it said.