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37 European Banks Back MiCA Euro Stablecoin on Ethereum
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Cryptocurrency News | Cryptocurrency Prices | Market Cap37 European Banks Back MiCA Euro Stablecoin on Ethereum
TL;DR: The European banking consortium Qivalis brings together 37 financial institutions across 15 countries to issue a digital currency backed 1:1 by the euro. The chosen infrastructure for technical deployment is the public Ethereum blockchain under the European Union’s MiCA regulatory framework. The initiative’s application for an Electronic Money Institution (EMI) license is currently under ...
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