EBA Expects 15 Stablecoin Standards by End of 2024 Based on MiCA

According to BlockBeats, on September 11, CoinDesk reported that the European Banking Authority (EBA) expects that by the end of 2024, 15 technical standards will be officially released, including standards for stablecoin issuers. These standards are based on the technical requirements under the EU Crypto-Asset Markets Act (MiCA), covering authorization, stress testing, and methods for estimating transaction volume and value. After the standards are finalized, they will be reviewed, translated, and formally adopted by the European Parliament and the European Council, and will eventually be published in the EU Official Gazette.

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