Non-euro stablecoin transaction cap revived in MiCA
09/29 01:17
A daily transaction cap for non-euro stablecoins has been reinserted into the European Union’s draft rules for cryptocurrencies. The cap will limit transactions using stablecoins denominated in other currencies, like the U.S. dollar, to €200 million transacted per day, multiple sources confirmed to The Block.
The French delegation to the EU Council succeeded in reviving the provision, according to several sources tracking the legislative effort.
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