Binance Square
#mica

mica

2.2M views
3,305 Discussing
Scarlet Sapphire
ยท
--
EU regulators eyeing DeFi lending The EBA is calling for new crypto lending rules and tighter controls for entities accessing DeFi protocols as part of the EU MiCA review. #MiCA #EBALending โ€Ž
EU regulators eyeing DeFi lending

The EBA is calling for new crypto lending rules and tighter controls for entities accessing DeFi protocols as part of the EU MiCA review.

#MiCA #EBALending โ€Ž
ยท
--
๐Ÿ“‰ ECB Challenges MiCA Stablecoin Reserve Rule ๐Ÿฆ The European Central Bank (ECB) and EU national central banks have called for changes to a MiCA requirement that major stablecoin issuers keep 60% of reserves in bank deposits. โš ๏ธ The central banks argue the rule could create risks for the banking system, particularly if stablecoin reserves move in and out of bank deposits quickly. ๐Ÿ”„ They have proposed using short-maturity assets that can be converted into cash within 1โ€“5 working days instead. ๐ŸŒ The debate highlights the challenge of balancing stablecoin liquidity, financial stability, and crypto-market innovation in the EU. ๐Ÿ‘€ Could changes to MiCAโ€™s reserve rules reshape how stablecoins operate in Europe? #MiCA #Stablecoins #ECB #CryptoRegulation
๐Ÿ“‰ ECB Challenges MiCA Stablecoin Reserve Rule

๐Ÿฆ The European Central Bank (ECB) and EU national central banks have called for changes to a MiCA requirement that major stablecoin issuers keep 60% of reserves in bank deposits.

โš ๏ธ The central banks argue the rule could create risks for the banking system, particularly if stablecoin reserves move in and out of bank deposits quickly.

๐Ÿ”„ They have proposed using short-maturity assets that can be converted into cash within 1โ€“5 working days instead.

๐ŸŒ The debate highlights the challenge of balancing stablecoin liquidity, financial stability, and crypto-market innovation in the EU.

๐Ÿ‘€ Could changes to MiCAโ€™s reserve rules reshape how stablecoins operate in Europe?

#MiCA #Stablecoins #ECB #CryptoRegulation
Read on Odaily: The European Banking Authority (EBA) has replied to the MiCA amendments consultationโ€”suggesting that the regulatory scope be expanded further. More third-country issuers, stablecoins, crypto-asset classification, crypto lending, and even crypto service providers helping users access DeFi lending protocols all want to be included in the scope. The EBA believes the current framework for Asset-Referenced Tokens (ART) and Electronic Money Tokens (EMT) is broadly workable, but that multi-issuer stablecoins carry higher risks. It recommends considering stricter rules and reviewing the requirements for reserve assets. As of September 1, there are 39 types of EMT issued under MiCA, while no ART has yet been authorized. Once lending and DeFi access are added to the regulatory list, the compliance boundary in Europe is pushed forward another notch.#ๅŠ ๅฏ†็›‘็ฎก #MiCA #DeFi
Read on Odaily: The European Banking Authority (EBA) has replied to the MiCA amendments consultationโ€”suggesting that the regulatory scope be expanded further. More third-country issuers, stablecoins, crypto-asset classification, crypto lending, and even crypto service providers helping users access DeFi lending protocols all want to be included in the scope.

The EBA believes the current framework for Asset-Referenced Tokens (ART) and Electronic Money Tokens (EMT) is broadly workable, but that multi-issuer stablecoins carry higher risks. It recommends considering stricter rules and reviewing the requirements for reserve assets. As of September 1, there are 39 types of EMT issued under MiCA, while no ART has yet been authorized.

Once lending and DeFi access are added to the regulatory list, the compliance boundary in Europe is pushed forward another notch.#ๅŠ ๅฏ†็›‘็ฎก #MiCA #DeFi
ยท
--
Verified
#ECBStartsBlockchainEuroSettlement ๐Ÿ”ฅ ECB pushes for changes to MiCA rules The ECB wants to amend MiCA to allow large stablecoin issuers to hold fewer reserves in banks. ๐Ÿ“Š EU central banks believe the current rule could transmit stress from stablecoins to the banking sector. A revision could affect euro-backed stablecoins, such as Circleโ€™s EURC. #MiCA $BNB {spot}(BNBUSDT)
#ECBStartsBlockchainEuroSettlement
๐Ÿ”ฅ ECB pushes for changes to MiCA rules

The ECB wants to amend MiCA to allow large stablecoin issuers to hold fewer reserves in banks.

๐Ÿ“Š EU central banks believe the current rule could transmit stress from stablecoins to the banking sector.

A revision could affect euro-backed stablecoins, such as Circleโ€™s EURC.
#MiCA
$BNB
ยท
--
Bullish
๐Ÿ”ธ "not as a means of saving" #MiCA that's the ECB and the EU central banks on stablecoins, in their answer to the MiCA review MiCA already bans interest on them. now they want the workaround shut too: lending and staking that work like interest, plus some loyalty perks my $USDC sits in Binance Simple Earn Flexible. exactly that kind of yield not a law yet, so nothing moves on my side where do you park stables if this passes? i'll post it here when Brussels decides, follow for that one
๐Ÿ”ธ "not as a means of saving" #MiCA

that's the ECB and the EU central banks on stablecoins, in their answer to the MiCA review

MiCA already bans interest on them. now they want the workaround shut too: lending and staking that work like interest, plus some loyalty perks

my $USDC sits in Binance Simple Earn Flexible. exactly that kind of yield

not a law yet, so nothing moves on my side

where do you park stables if this passes? i'll post it here when Brussels decides, follow for that one
ยท
--
#EBA #MiCA The European Banking Authority (EBA) suggests incorporating crypto lending into MiCA, and also regulating the service providers that help customers access DeFi lending protocols. For platforms running lending businesses in the EU, this also brings the on-chain portion under the licensing scope: suitability testing, leverage limits, and additional disclosures are all included in the proposed list. The suggestion is part of MiCA review guidance and has not yet become legislation. The real point to watch is whether the European Commission decides to conduct a cost-benefit analysisโ€”if it does, DeFi front-end integration providers will feel the pressure first. $SOL $ONDO $TST
#EBA #MiCA

The European Banking Authority (EBA) suggests incorporating crypto lending into MiCA, and also regulating the service providers that help customers access DeFi lending protocols.

For platforms running lending businesses in the EU, this also brings the on-chain portion under the licensing scope: suitability testing, leverage limits, and additional disclosures are all included in the proposed list. The suggestion is part of MiCA review guidance and has not yet become legislation.

The real point to watch is whether the European Commission decides to conduct a cost-benefit analysisโ€”if it does, DeFi front-end integration providers will feel the pressure first.

$SOL $ONDO $TST
$USDT reported 0.9999U, with a discount of about 1 bp for $USDC . What the market is focusing on now is whether European regulatory interpretations may change. If the requirements in MiCA regarding stablecoin reserves and bank custody are loosened, the compliance constraints Tether faces in the EU market could also be reduced. ใ€Bullish rationaleใ€‘ If regulation further shifts toward reserve liquidity and on-chain settlement efficiency, the reserves and settlement model for USDT will have greater room to perform. Currently, USDT is only discounted versus USDC by about 1 bp; the key is whether the subsequent regulatory moves genuinely get implemented. In the stablecoin battle, the final winners are still liquidity, compliance, and settlement use cases.#USDT #USDC #็จณๅฎšๅธ #MiCA
$USDT reported 0.9999U, with a discount of about 1 bp for $USDC .

What the market is focusing on now is whether European regulatory interpretations may change.

If the requirements in MiCA regarding stablecoin reserves and bank custody are loosened, the compliance constraints Tether faces in the EU market could also be reduced.

ใ€Bullish rationaleใ€‘

If regulation further shifts toward reserve liquidity and on-chain settlement efficiency, the reserves and settlement model for USDT will have greater room to perform.

Currently, USDT is only discounted versus USDC by about 1 bp; the key is whether the subsequent regulatory moves genuinely get implemented.

In the stablecoin battle, the final winners are still liquidity, compliance, and settlement use cases.#USDT #USDC #็จณๅฎšๅธ #MiCA
ยท
--
The ECB and European central banks oppose a MiCA rule that would require 60% of stablecoin reserves to be held in bank deposits, for fear of transferring crypto volatility to banks. On the other side, the head of the CFTC urges markets to prepare for massive tokenization and 24/7 trading. Two philosophies clash: Europe protects, America builds. Meanwhile, BTC remains firm at 86 460 $ (+0,84% over 24h) and ETH at 2 758 $ (+0,57%). Can Europe really slow down stablecoins while the United States accelerates? #MiCA #Stablecoins
The ECB and European central banks oppose a MiCA rule that would require 60% of stablecoin reserves to be held in bank deposits, for fear of transferring crypto volatility to banks. On the other side, the head of the CFTC urges markets to prepare for massive tokenization and 24/7 trading. Two philosophies clash: Europe protects, America builds. Meanwhile, BTC remains firm at 86 460 $ (+0,84% over 24h) and ETH at 2 758 $ (+0,57%). Can Europe really slow down stablecoins while the United States accelerates? #MiCA #Stablecoins
ยท
--
European central banks are openly opposed to the MiCA rule imposing 60% stable reserves in bank deposits: according to them, this would expose banks to stablecoin volatility and weaken traditional deposits. Meanwhile, BNB has just surpassed the market capitalization of BNY Mellon with $104.95 billion. The paradox is delicious: traditional finance is being caught up by the crypto it is trying to regulate at all costs. Bitcoin consolidates at 86 581 $ (+0,83%) and Ethereum at 2 751 $ (+0,44%) while Brussels is still looking for how to regulate an industry that isnโ€™t waiting for it. The real question: can Europe regulate what it doesnโ€™t understand? #MiCA #Stablecoins
European central banks are openly opposed to the MiCA rule imposing 60% stable reserves in bank deposits: according to them, this would expose banks to stablecoin volatility and weaken traditional deposits. Meanwhile, BNB has just surpassed the market capitalization of BNY Mellon with $104.95 billion. The paradox is delicious: traditional finance is being caught up by the crypto it is trying to regulate at all costs. Bitcoin consolidates at 86 581 $ (+0,83%) and Ethereum at 2 751 $ (+0,44%) while Brussels is still looking for how to regulate an industry that isnโ€™t waiting for it. The real question: can Europe regulate what it doesnโ€™t understand? #MiCA #Stablecoins
Tether goes all the way, and the ECB backs down first. It refuses to apply for MiCA because 60% of reserves must be kept in banks; now the ECB proposes to scrap that rule, and the reason is still the risk to bank stability. Did the rules get drafted on the spur of the moment? Keeping stablecoin reserves in banks turns all the books into bad debts the moment a liquidity crisis hits. The market wasnโ€™t wrongโ€”regulators finally wake up. $USDT #MiCA
Tether goes all the way, and the ECB backs down first. It refuses to apply for MiCA because 60% of reserves must be kept in banks; now the ECB proposes to scrap that rule, and the reason is still the risk to bank stability. Did the rules get drafted on the spur of the moment? Keeping stablecoin reserves in banks turns all the books into bad debts the moment a liquidity crisis hits. The market wasnโ€™t wrongโ€”regulators finally wake up.

$USDT #MiCA
#Tether #MiCA Tether CEO Paolo Ardoino said that, because MiCA requires major stablecoin issuers to keep at least 60% of reserves in commercial bank deposits, the company declined to apply for an EU license. The European Central Bank and others have proposed removing this reserve requirement and replacing it with a liquidity requirement based on short-term maturing assets, but this change has not yet been approved. This rule ties the issuersโ€™ balance sheets to those of the banking system; the affected parties are issuers that want to operate in the EU in a compliant manner. Assessment: as long as the 60% deposit requirement remains, Tetherโ€™s position will not change. $TAO $ONDO $KITE
#Tether #MiCA

Tether CEO Paolo Ardoino said that, because MiCA requires major stablecoin issuers to keep at least 60% of reserves in commercial bank deposits, the company declined to apply for an EU license.

The European Central Bank and others have proposed removing this reserve requirement and replacing it with a liquidity requirement based on short-term maturing assets, but this change has not yet been approved.

This rule ties the issuersโ€™ balance sheets to those of the banking system; the affected parties are issuers that want to operate in the EU in a compliant manner. Assessment: as long as the 60% deposit requirement remains, Tetherโ€™s position will not change.

$TAO $ONDO $KITE
The ECB recommends scrapping the MiCA requirement of a 60% bank reserve for deposits and instead pushing short-term liquid assets. On the stablecoin reserves issue, the hawks are quite aggressive: banks backing deposits are swapped for short-dated Treasuries, and the ability to withstand bank runs looks strongerโ€”but who will take over the risks of liquidity segmentation and discounting? If this actually comes to pass, the reserve structures of USDC and USDT will have to be reshuffled again, and compliance costs for the European region will keep rising. Donโ€™t rush to pick sides on the pros and cons yetโ€”wait to see how the detailed rules are written. $USDC $USDT #MiCA #stablecoin
The ECB recommends scrapping the MiCA requirement of a 60% bank reserve for deposits and instead pushing short-term liquid assets. On the stablecoin reserves issue, the hawks are quite aggressive: banks backing deposits are swapped for short-dated Treasuries, and the ability to withstand bank runs looks strongerโ€”but who will take over the risks of liquidity segmentation and discounting?

If this actually comes to pass, the reserve structures of USDC and USDT will have to be reshuffled again, and compliance costs for the European region will keep rising. Donโ€™t rush to pick sides on the pros and cons yetโ€”wait to see how the detailed rules are written.

$USDC $USDT #MiCA #stablecoin
Kraken co-CEO David Ripley said that U.S. crypto regulation is โ€œadversarial,โ€ and that itโ€™s not as pragmatic as Europe. Europe is moving from following the U.S. to leading the way, and it has drawn a comparison between MiCA and the CLARITY bill that the U.S. just saw collapse, praising MiCA for setting clear rules for the industry. Kraken itself obtained an MiCA license from the Central Bank of Ireland starting in June 2025, covering all 30 EU countries. Coming from the mouth of a trading-exchange CEO who has already benefited from Europeโ€™s regulatory regime, the statement sounds more like an advertisement for its own regulatory environment. The report also doesnโ€™t provide specific token, enforcement, or fund-flow data. For ordinary users, this information is more suitable as an observation of industry policy, not as a basis for taking action in any given direction. #ๆฌงๆดฒๅคฎ่กŒๅฏๅŠจๅŒบๅ—้“พๆฌงๅ…ƒ็ป“็ฎ— #ๅ—้žๆ‹Ÿๅฐ†ๅŠ ๅฏ†็บณๅ…ฅๅค–ๆฑ‡็ฎกๅˆถ #Clarity #MiCA
Kraken co-CEO David Ripley said that U.S. crypto regulation is โ€œadversarial,โ€ and that itโ€™s not as pragmatic as Europe. Europe is moving from following the U.S. to leading the way, and it has drawn a comparison between MiCA and the CLARITY bill that the U.S. just saw collapse, praising MiCA for setting clear rules for the industry.

Kraken itself obtained an MiCA license from the Central Bank of Ireland starting in June 2025, covering all 30 EU countries. Coming from the mouth of a trading-exchange CEO who has already benefited from Europeโ€™s regulatory regime, the statement sounds more like an advertisement for its own regulatory environment. The report also doesnโ€™t provide specific token, enforcement, or fund-flow data. For ordinary users, this information is more suitable as an observation of industry policy, not as a basis for taking action in any given direction. #ๆฌงๆดฒๅคฎ่กŒๅฏๅŠจๅŒบๅ—้“พๆฌงๅ…ƒ็ป“็ฎ— #ๅ—้žๆ‹Ÿๅฐ†ๅŠ ๅฏ†็บณๅ…ฅๅค–ๆฑ‡็ฎกๅˆถ #Clarity #MiCA
Stumbled upon Odaily: In the EU Commissionโ€™s review document item 66 for MiCA, there was a questionโ€”does the current EU staking regulation go far enough? If not, the relevant companies may be given new requirements. The analysis is quite straightforward: if the rules are too strict, staking returns could be reduced, which in turn could also impact network security. MiCA has only just rolled out, and now another review is underway; in the staking space, itโ€™s moved one step from โ€œindirect oversightโ€ toward โ€œwhether to regulate it specifically.โ€ #ๅŠ ๅฏ†็›‘็ฎก #MiCA
Stumbled upon Odaily: In the EU Commissionโ€™s review document item 66 for MiCA, there was a questionโ€”does the current EU staking regulation go far enough? If not, the relevant companies may be given new requirements.

The analysis is quite straightforward: if the rules are too strict, staking returns could be reduced, which in turn could also impact network security. MiCA has only just rolled out, and now another review is underway; in the staking space, itโ€™s moved one step from โ€œindirect oversightโ€ toward โ€œwhether to regulate it specifically.โ€ #ๅŠ ๅฏ†็›‘็ฎก #MiCA
ยท
--
Bullish
ECB and MiCA: new compliance challenges for EU exchanges Latest breaking news: while it was known that the ECB had blocked the Binance MiCA license in Greece, new revelations show that several other exchanges are facing similar hurdles in different European countries. The MiCA regulation (Markets in Crypto-Assets) scheduled for 2024 is running into national delays. Implications: exchanges must strengthen their compliance or risk suspensions. To watch as the weekend begins. #news_update #NewsAboutCrypto #ECB #MiCA
ECB and MiCA: new compliance challenges for EU exchanges

Latest breaking news: while it was known that the ECB had blocked the Binance MiCA license in Greece, new revelations show that several other exchanges are facing similar hurdles in different European countries. The MiCA regulation (Markets in Crypto-Assets) scheduled for 2024 is running into national delays. Implications: exchanges must strengthen their compliance or risk suspensions. To watch as the weekend begins.

#news_update #NewsAboutCrypto #ECB #MiCA
ยท
--
Article
EU BANKS DOUBLE THEIR MICA PRESENCE TO 80 โ€“ A GAMEโ€‘CHANGER FOR CRYPTOFLOOD EU banks have just obliterated the status quo by doubling their MiCA register presence to 80 institutions in less than three months, catapulting their share of listed crypto providers to nearly 23%. This historic surge means regulators are finally catching up, and the flood of institutional legitimacy is already reshaping market dynamics. #MiCA #CryptoRegulation #InstitutionalCrypto The stakes? A nearโ€‘quarter of all crypto providers in the EU are now under the MiCA umbrella, tightening compliance but also unlocking unprecedented access for retail and institutional investors alike. This shift signals a new era where crypto can finally compete on the same footing as traditional finance, potentially driving a massive influx of capital and driving prices higher. #CryptoFuture #EURegulation Donโ€™t sit on the sidelines while the flood rolls in. Join the movement, secure your position, and ride the wave of institutional adoption. Are you ready to capitalize on this historic moment?

EU BANKS DOUBLE THEIR MICA PRESENCE TO 80 โ€“ A GAMEโ€‘CHANGER FOR CRYPTO

FLOOD
EU banks have just obliterated the status quo by doubling their MiCA register presence to 80 institutions in less than three months, catapulting their share of listed crypto providers to nearly 23%. This historic surge means regulators are finally catching up, and the flood of institutional legitimacy is already reshaping market dynamics. #MiCA #CryptoRegulation #InstitutionalCrypto
The stakes? A nearโ€‘quarter of all crypto providers in the EU are now under the MiCA umbrella, tightening compliance but also unlocking unprecedented access for retail and institutional investors alike. This shift signals a new era where crypto can finally compete on the same footing as traditional finance, potentially driving a massive influx of capital and driving prices higher. #CryptoFuture #EURegulation
Donโ€™t sit on the sidelines while the flood rolls in. Join the movement, secure your position, and ride the wave of institutional adoption. Are you ready to capitalize on this historic moment?
Traditional finance is diving headfirst into digital assets under Europe's new regulatory framework. With traditional banks now making up nearly a quarter of the EU's official crypto provider register, the institutionalization of the market is accelerating rapidly. Clear rules are no longer just protecting consumers; they are actively greenlighting banking giants to build out serious Web3 infrastructure. The line between TradFi and DeFi is blurring fast. #MiCA #CryptoRegulation #Banking
Traditional finance is diving headfirst into digital assets under Europe's new regulatory framework. With traditional banks now making up nearly a quarter of the EU's official crypto provider register, the institutionalization of the market is accelerating rapidly. Clear rules are no longer just protecting consumers; they are actively greenlighting banking giants to build out serious Web3 infrastructure. The line between TradFi and DeFi is blurring fast. #MiCA #CryptoRegulation #Banking
ยท
--
#Binance โ€™s EU License: The Bigger Signal The Wall Street Journal reports that ECB President Christine Lagarde intervened over Binanceโ€™s Greek MiCA application. The ECB itself is not the formal licensing authority under MiCA. ๏ฟฝ The Wall Street Journal +1 The bigger story is Europeโ€™s financial infrastructure. Dollar-based stablecoins are expanding while Europe pushes euro-denominated alternatives and the digital euro. Binanceโ€™s case shows how regulation, stablecoins and monetary policy are increasingly connected. The question goes beyond one license: how will Europe shape its digital financial system? #crypto #MiCA #Stablecoins $BTC
#Binance โ€™s EU License: The Bigger Signal
The Wall Street Journal reports that ECB President Christine Lagarde intervened over Binanceโ€™s Greek MiCA application. The ECB itself is not the formal licensing authority under MiCA. ๏ฟฝ
The Wall Street Journal +1
The bigger story is Europeโ€™s financial infrastructure.
Dollar-based stablecoins are expanding while Europe pushes euro-denominated alternatives and the digital euro.
Binanceโ€™s case shows how regulation, stablecoins and monetary policy are increasingly connected.
The question goes beyond one license: how will Europe shape its digital financial system?
#crypto #MiCA #Stablecoins $BTC
ยท
--
๐ŸŽฏ The central bank has tightened its grip on Binance licenses ๐Ÿ“ฐ WSJ: Lagarde personally intervened, blocking Binance's Greek MiCA license, fearing it would use a dollar-backed stablecoin to dilute the digital euro ๐Ÿ“ฐ She wants to wait for ESMA to take over licensing uniformly before making a final decision. Binance withdrew its Greek application in June ๐Ÿ’ฌ A small countryโ€™s license can cover the whole of Europeโ€”of course the European Central Bank canโ€™t sit still. Defending monetary sovereignty is the real regulation; this stablecoin battle has only just begun ๐Ÿท๏ธ #MiCA #ๆ‹‰ๅŠ ๅพท #ๆ•ฐๅญ—ๆฌงๅ…ƒ #็จณๅฎšๅธ #European Central Bank
๐ŸŽฏ The central bank has tightened its grip on Binance licenses

๐Ÿ“ฐ WSJ: Lagarde personally intervened, blocking Binance's Greek MiCA license, fearing it would use a dollar-backed stablecoin to dilute the digital euro

๐Ÿ“ฐ She wants to wait for ESMA to take over licensing uniformly before making a final decision. Binance withdrew its Greek application in June

๐Ÿ’ฌ A small countryโ€™s license can cover the whole of Europeโ€”of course the European Central Bank canโ€™t sit still. Defending monetary sovereignty is the real regulation; this stablecoin battle has only just begun

๐Ÿท๏ธ #MiCA #ๆ‹‰ๅŠ ๅพท #ๆ•ฐๅญ—ๆฌงๅ…ƒ #็จณๅฎšๅธ #European Central Bank
Log in to explore more content
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number