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ECB Pushes to Scrap MiCA Bank-Deposit Rule, Opening a Door for Tether

The European Central Bank and all 27 national central banks want to replace MiCA's requirement that stablecoin issuers park up to 60% of reserves in bank deposits with a liquidity-based test — a change that could ease Tether's main objection to seeking an EU licence.

Sanne KloostermanRead more
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