Key Highlights: Circle says the regulation could increase stablecoin reserve exposure to banking-sector credit and counterparty risks. The company supports a liquidity requirement allowing part of reserves to be converted to cash within one to five business days instead of imposing a strict minimum bank-deposit requirement. Circle and the Hyperliquid Policy Center have submitted proposals ...
Key Highlights The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers to DeFi lending protocols, recommending a cost-benefit analysis of potential duties for intermediated borrowing and lending. The EBA identified two possible regulatory changes: adding intermediated crypto borrowing and lending to MiCA’s list of ...
Europe’s Capital Shortfall: The €750–800 Billion Investment Gap European Commission President Ursula von der Leyen recently told French business leaders that trillions of euros in household savings held in bank accounts are sitting idle. She argued that Europe needs to put these savings to work for its companies. Her concern reflects a genuine structural issue: ...