CRCL Sheds 6% Despite EU Push To Fast-Track Digital Asset Framework - Circle Internet Group (NYSE:CRCL)

CRCL Sheds 6% Despite EU Push To Fast-Track Digital Asset Framework - Circle Internet Group (NYSE:CRCL)

Circle urges the EU to fast-track DLT reforms, warning delays on stablecoin settlement and tokenized markets cede ground to the U.S.

CRCL Sheds 6% Despite EU Push To Fast-Track Digital Asset Framework

Circle Internet Group (NYSE:CRCL) is urging European policymakers to accelerate updates to the EU’s digital asset framework, but CRCL plunged over 6% on Tuesday morning. The EU Reform Push Circle submitted feedback March 20 on the European Commission’s proposed Market Integration Package, calling the plan a meaningful step toward modernizing capital markets but noting gaps around scalability, supervision, and settlement. Circle largely backed pr…

Circle Urges EU to Ease Stablecoin Rules to Unlock Wider Market Access

Stablecoins are no longer just a crypto story. They’re slowly becoming part of the wider financial system, and Europe now has to decide how open that system should be. That’s why Circle is pushing the European Commission to rethink parts of its proposed Market Integration Package, saying some of the rules could quietly limit how digital euro and dollar tokens grow in the region. The company behind USDC and EURC has formally responded to the prop…

Circle presses EU to open market access for stablecoins

Circle asked the EU to lower barriers for stablecoin settlement and widen access for crypto service providers under new rules.

Circle urges EU to ease crypto rules, flags barriers in MIP plan

Circle has called on the European Commission to lower barriers for institutions seeking to engage with crypto-asset service providers, responding to the bloc’s proposed Market Integration Package. The policy aims to deepen capital markets and accelerate the shift toward a more digitally integrated financial system. In its submission dated March 20, the stablecoin issuer said the proposal marks progress but still contains structural hurdles that …