Circle Pressures European Union to Overhaul MiCA Rules, Warns Current Framework Misses the World’s Biggest Stablecoins
BRUSSELS — Stablecoin giant Circle is mounting a concerted campaign to convince European Union regulators to substantially rework the bloc’s landmark digital asset rulebook. The issuer of the dollar-pegged USDC and euro-pegged EURC has formally submitted its response to the European Commission’s consultation on the Markets in Crypto-Assets Regulation (MiCA). While Circle initially championed MiCA…
