Tag: eu

Banks Venture into Stablecoins Following EU's MiCA Implementation

Banks Venture into Stablecoins Following EU's MiCA Implementation

Major banks in the European Union (EU) are delving into the stablecoin market. This increase in exploration is driven by the recent passing of the Markets in Crypto-Assets (MiCA) regulation, revolutionizing Europe’s financial environment. Societe Generale recently issued its own euro-backed stablecoin, the EUR CoinVertible. At the same time, Dutch...

ING's Stablecoin Play: Banks Unite Under EU's MiCA Rules

ING's Stablecoin Play: Banks Unite Under EU's MiCA Rules

The financial world is buzzing about ING's latest move: diving headfirst into the stablecoin arena. This is not your average crypto test bed. It’s a decisive action that could change the course of banking in Europe and make waves across the Atlantic. ING's initiative highlights the growing interest among traditional...