ECB on High Alert: Could the US Crypto Wave Infect Global Finance?

TL;DR The European Central Bank (ECB) warns that the growing support from the United States for cryptocurrencies, especially dollar-backed stablecoins, could trigger capital outflows from Europe. It calls for a review of the MiCA regulatory framework just months after its implementation. Meanwhile, the European Commission sees these concerns as unnecessary, sparking an internal debate over. source: https://crypto-economy.com/ecb-on-high-alert-could-the-us-crypto-wave-infect-global-finance/