Wire · regulatory
Europeans Urge MiCA Rule Changes for Stablecoins
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Fusion42 · 2 October 2026 · Fusion42 review
Over 50,000 Europeans have petitioned the European Commission to relax MiCA stablecoin regulations to allow for rewards like cashback and loyalty programs, aiming to boost euro-denominated stablecoins' competitiveness. Conversely, the European System of Central Banks supports stricter restrictions including bans on indirect yield and revised liquidity-based reserve requirements.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You must prepare for a regulatory tug-of-war in Europe where stablecoin rewards could soon be legal but face pushback from central banks keen on tighter controls. Adjust your tokenomics and market approach to manage these evolving rules and regulatory risks.
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1 source · 2 Oct 2026
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