European Central Bank rejects proposal to ease euro stablecoin rules

The ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy.

The European Central Bank warned that easier euro stablecoin rules could weaken banks and create new financial risks across Europe. The European Central Bank, also called the ECB, raised fresh concerns about euro stablecoins this week. According to Reuters, the ECB took a stance against proposals to relax the rules on euro-backed stablecoins. The bank […] The post ECB Sounds Alarm Over Euro Stablecoins and Banking Risks appeared first on Live Bitcoin News.

Lagarde's warning highlights the enduring economic shifts post-crisis, affecting inflation, consumer behavior, and market volatility. The post European Central Bank’s Lagarde warns of lagging effects from crises appeared first on Crypto Briefing.

Zcash (ZEC) has surged to its highest level since 2025, but the rally is now approaching a major technical barrier. While some analysts point to the first “constructive signs” in months, others warn of potential signs of exhaustion. Related Reading: European Commission Launches Crypto Rules Review As Euro Stablecoin Project Gains Support ZEC 110% Rally Faces Key Barrier Zcash has been among the crypto market leaders amid the recent volatility, rallying more than 21% over the past week and 110% over the past 30 days. Throughout May, the cryptocurrency has jumped from the $350 barrier to reclaim the $670 area, reaching a six-month high of $690 on Wednesday. Amid this performance, market observer Ali Martinez highlighted a multi-month horizontal channel that has been forming since October between the $192 and $698 level. After retesting the channel’s bottom in March, ZEC has jumped roughly 250% toward the upper zone of the channel, nearing a retest of the macro resistance. The analyst aff

The expansion of the euro stablecoin consortium could reshape Europe's financial landscape, challenging US dominance and altering market dynamics. The post Euro stablecoin project adds 25 new banks to consortium, bringing total to 37 appeared first on Crypto Briefing.

As market dynamics evolve and pressure builds to strengthen Europe’s position in the global crypto economy, the European Commission (EC) has launched a review of its landmark crypto framework to keep pace with the evolving digital asset landscape. Related Reading: XRP ‘Under Heavy Resistance’ After Key $1.50 Rejection – Is A Drop To $1 Next? EC Opens Review Of EU Crypto Rules On Wednesday, the European Commission launched a consultation on the functioning of the European Union’s (EU) regulatory framework on crypto assets, the Markets in Crypto‑Assets Regulation (MiCA). The regulator is seeking feedback from stakeholders and the public on whether the current framework remains fit for purpose, noting that the crypto markets and broader policy landscape have evolved since it took effect in 2024. According to the announcement, the Commission is evaluating whether updates to the framework are needed to reflect the developing landscape. Specifically, the consultation seeks input on MiCA’s co

Qivalis secures support from 37 European banks to launch a euro stablecoin backed 1:1 with euro reserves under EU crypto regulations. Qivalis has received strong support from 37 European banks. This move aims to increase euro stablecoin adoption across Europe. According to the Financial Times, the project is based in Amsterdam. So, it is becoming […] The post Qivalis Wins Major Banking Alliance to Boost Euro Stablecoin Adoption appeared first on Live Bitcoin News.

The ECB's potential rate hikes could tighten liquidity, impacting risk assets like crypto, and influence euro-dollar dynamics, affecting global markets. The post European Central Bank set for June rate hike, with July options still on the table appeared first on Crypto Briefing.