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Morning Edition · Monday, July 6, 2026Published at 6:30 AM EDT · New York
MiCA Is Quietly Handing Banks the Keys to Europe's Stablecoin Access
Analysts argue the EU's post-transition rules concentrate control of compliant stablecoin, wallet, and retail rails in licensed banks, reshaping who gatekeeps tokenized-dollar distribution.
As Europe's crypto rules take full effect, a structural consequence is coming into view: the entities best positioned to control compliant stablecoin distribution are licensed banks. CryptoSlate argues that MiCA's design brings banks closer…
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