EU Industry Input 'Really Important' to Stablecoin Rulemaking Under MiCA, EBA Officials Say

Collaboration between financial Institutions and regulators is key to driving innovation in the DeFi sector.

The European Banking Authority has urged stakeholders to engage with regulators to ensure stablecoin issuers start on the right footing once the EU's MiCA framework is in place.

Gibraltar encourages any positive collaboration between regulators and DeFi firms, as we have done since the advent of our DLT regulatory framework back in 2018. Maintaining a positive relationship with financial institutions can only strengthen the EU's position in the global crypto stage.

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