Join Our Telegram channel to stay up to date on breaking news coverage Nine European banks, including ING and UniCredit, plan to launch a euro stablecoin in a move that may challenge the dominance of Tether and Circle. The new stablecoin will comply with the EU’s Markets in Crypto-Assets Regulation (MiCAR), which came into effect in June last year and has encouraged traditional banks to enter a space dominated by crypto companies. The banks behind the venture also include Banca Sella, KBC, Danske Bank, DekaBank, SEB, CaixaBank, and Raiffeisen Bank International. BREAKING: 🇪🇺 NINE MAJOR EUROPEAN BANKS TO LAUNCH A…
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