The tough approach could see

Crypto Regulatory Affairs: Yellen calls for greater stablecoin

The tough approach could see rivals to fiat currency outlawed in the bloc.

The European Commission is supporting the massive-scale ban on stablecoins in order to stop them from becoming widely used in place of fiat currency

US Secretary of the Treasury

The Commission of the European Union supports the massive

The European Commission has rejected the ECB’s assessment as “overstated,” insisting that existing MiCA provisions provide adequate oversight of dollar

US Secretary of the Treasury Janet Yellen has called for far greater regulation of the stablecoin market amid last week’s unprecedented volatility of TerraUSD

Officials may be siding with

EU Commission Supports Ban On Large-Scale Stablecoins

EU Clash: ECB and European Commission at Odds Over Dollar

Officials may be siding with the views of European Union finance ministers, who have proposed tough measures aimed at stopping the likes of Facebook's now

According to a document seen

EU Commission Favors Ban on Large-Scale Stablecoins, Document

The European Commission is thinking of significant restrictions on the potential of stablecoins to be extensively utilised as a substitute

According to a document seen by CoinDesk, the European Commission is considering a ban on the widespread use of stablecoins in place of fiat currency.

EU Commission considers ban on large-scale stablecoins

EU Commission Favors Ban on Large-Scale Stablecoins; Global