Original sourcenews.bitcoin.com
Summary
France is urging EU regulators to allow third-party rewards on stablecoins under MiCA, diverging from the stance of the ECB and ESCB, according to reports. Four institutions—the French Treasury, AMF, Banque de France, and ACPR—recommend that stablecoin holder rewards be regulated rather than banned…
Key points
- Teams offering stablecoin products in Europe need to anticipate whether reward designs could be brought under regulation.
- Whether rewards are legal directly determines whether EU stablecoin products can attract users with yield.
- Wallets and platforms serving EU users must prepare compliant versions with disclosures and no guaranteed returns in the near term.
Editorial note
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