
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...