The launch of USDQ and EURQ marks a significant step for Quantoz, as it positions to capitalize on the growing demand for stablecoins. New Stablecoins in Circulation Netherlands-based technology firm, Quantoz Payments announced on Monday that it will begin issuing USDQ and EURQ, two stablecoins designed to be MiCA compliant. The Markets in Crypto-Assets Regulation […]
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Italy’s central bank will soon share how the country should apply the EU’s MiCA crypto laws, with its governor slamming Bitcoin and Ethereum as “unbacked” cryptocurrencies.
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With a $216 million cap to be imposed on stablecoins such as USDT and USDC, some say crypto adoption could be “stifled” under MiCA unless it changes.
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A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the FTX case from occurring,” she cautioned: “Certain areas still need further strengthening.” […]
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