ECB Wants to Change MiCA Rules, Citing Risks from Trump’s Pro-Crypto Shift

The European Central Bank (ECB) and European Commission are having a public dispute over MiCA and stablecoin regulation. The ECB believes that restrictions aren’t harsh enough, fearing US firms dominating the market. The Commission disputed the ECB’s fears, alleging that it’s building up stablecoin-related fears to promote a controversial digital euro program. There are already signs of European irrelevance to Web3, and more restrictions likely wouldn’t help source: https://beincrypto.com/ecb-wants-harsher-mica-european-stablecoin/