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European Regulator ECB's Statement for Trump-Crypto Support: Change Required! - Coin Bulletin
The (ECB) of the European Central Bank stated that US President Donald Trump’s support for cryptocurrencies could carry great risks for the European economy, and announced that changes should be made to the Piyasalar( rules for MiCA )Dijital Assets.
The European Central Bank’s statements focus on the fact that USD-backed stablecoins in the United States could pose a threat to the monetary sovereignty of the Eurozone. The ECB expressed that this situation could threaten financial stability in Europe and that regulations need to be updated to address these new risks.
The European Commission, despite the concerns of the ECB, argued that the existing MiCA regulations are sufficient, stating that all necessary measures for the management of stablecoins have been taken. The Commission emphasized that the current regulations effectively control the risks associated with cryptocurrencies and that no changes will be necessary in the future.