The European Central Bank and EU national central banks are calling for tighter restrictions on stablecoin rewards, including returns generated through crypto lending, borrowing and staking. In a response to the European Commissions review of the Markets in Crypto-Assets regulation (MiCA), the European System of Central Banks (ESCB) argued that electronic money should primarily function as a payment instrument rather than a savings product. The ESCB said it continues to support MiCAs prohibition on crypto-asset service providers paying remuneration on stablecoins. However, it wants the… Read more
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In the span of just five minutes, AION’s price surged by 11.7%, climbing to $0.000113. This rapid spike reflects a notable uptick in trading momentum,
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