{"id":78947,"date":"2026-10-02T05:50:24","date_gmt":"2026-10-02T05:50:24","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/50000-europeans-reportedly-collide-with-eu-central-banks-over-stablecoins\/"},"modified":"2026-10-02T05:50:24","modified_gmt":"2026-10-02T05:50:24","slug":"50000-europeans-reportedly-collide-with-eu-central-banks-over-stablecoins","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/50000-europeans-reportedly-collide-with-eu-central-banks-over-stablecoins\/","title":{"rendered":"50,000 Europeans Reportedly Collide With EU Central Banks Over Stablecoins"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">More than 50,000 EU citizens reportedly emailed the European Commission over stablecoin rewards and perks.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Over 126,600 people signed a separate petition calling for broader changes to MiCA\u2019s stablecoin rules.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">EU central banks want MiCA\u2019s ban on stablecoin rewards to remain and cover indirect incentives.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Stand With Crypto EU (SWC) said the emails were sent to the European Commission (EC) during <a href=\"https:\/\/news.bitcoin.com\/regulation-and-legal\/eu-to-advance-mica-review-targeting-non-eu-stablecoin-rules\/\">the Commission\u2019s review of MiCA<\/a>, the EU\u2019s crypto asset market rulebook. The emails ask the EC to allow regulated stablecoins to offer rewards to holders and let crypto platforms offer perks such as cashback, loyalty benefits and fee reductions because \u201cpeople who choose a regulated stablecoin should not get fewer benefits than they would from a bank or other e-money payment product.\u201d SWC noted that only EU citizens were allowed to send these emails.<\/p>\n<h2>126,600+ Signatures Call for Even More<\/h2>\n<p>According to the crypto asset advocacy group, which counts Boerse Stuttgart Digital, 50 Partners, IOTA, Morpho and others among its partners, the emails were \u201cpart of a separate campaign\u201d and were sent \u201cto align with today\u2019s closing of the MiCA review.\u201d The Commission\u2019s consultation closed last night.<\/p>\n<p>Meanwhile, more than <a href=\"https:\/\/www.standwithcrypto.org\/eu\/en\/petitions\/eu-pro-innovation-strategy-for-stablecoins\" target=\"_blank\" rel=\"noopener noreferrer\">126,600 people signed a separate petition<\/a> calling for measures beyond those requested in the emails, including lifting \u201cMiCA\u2019s ban on passing through yield when backed by safe, interest-bearing assets.\u201d<\/p>\n<p>\u201cWhen Europe\u2019s rules make stablecoin products less competitive than those in the US or Asia, the best teams and the talent they hire will follow the markets where they can compete. The MiCA review is a chance to keep them here,\u201d Pierre-Andr\u00e9a Bozicas, principal at 50 Partners, a partner of Stand With Crypto EU, said in the press release. In the U.S., the <a href=\"https:\/\/news.bitcoin.com\/regulation-and-legal\/feds-proposed-stablecoin-rules-put-genius-acts-dollar-test-work\/\">2025 GENIUS Act<\/a> banned U.S. stablecoin issuers from paying interest but allowed exchanges to offer rewards.<\/p>\n<h2>Different Agenda of Central Banks<\/h2>\n<p>EU central banks, including the European Central Bank (ECB), which oversees monetary policy in the euro zone, have a different agenda. Last week, the <a href=\"https:\/\/www.ecb.europa.eu\/press\/consultationresponse\/pdf\/ecb.conresp202609_micarreview.en.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">central banks sent their suggestions<\/a> on how MiCA could be changed, including its stablecoin regulations. The document says MiCA\u2019s ban on paying stablecoin holders should remain and should also cover indirect perks, such as rewards, fee reductions and some loyalty benefits. What\u2019s more, the central banks asked regulators to deal with various workarounds and extend the ban beyond services MiCA regulates, such as crypto asset borrowing, lending and staking.<\/p>\n<p>The ECB and other central banks argue that \u201celectronic money is intended to be used for making payments and not as a means of saving.\u201d<\/p>\n<p>The same documents suggest ditching the MiCA rule that obliges stablecoin issuers to hold at least 30% of reserves as bank deposits, or 60% for large \u201csignificant\u201d stablecoins. According to the banks, this rule \u201creduces issuers\u2019 profitability, given the limited yield on (sight) deposits.\u201d<\/p>\n<h2>Changes Expected in 2027<\/h2>\n<p>Currently, MiCA treats single-currency stablecoins as \u201ce-money tokens\u201d and doesn\u2019t allow stablecoin issuers and crypto platforms to pay holders interest. That is why some popular crypto asset reward programs shut down in the EU.<\/p>\n<p>While the emails might have reached officials, it\u2019s not clear whether they\u2019ll be counted in the Commission\u2019s official tally of responses. However, the central banks\u2019 recommendations are also only recommendations, and the final call is the Commission\u2019s. In August 2026, Euronews reported that the <a href=\"https:\/\/www.euronews.com\/2026\/07\/08\/exclusive-eu-to-revise-crypto-rules-in-2027-amid-trumps-push-for-digital-assets\" target=\"_blank\" rel=\"noopener noreferrer\">EU will revise its crypto rules in 2027<\/a>.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/stablecoins\/50000-europeans-reportedly-collide-with-eu-central-banks-over-stablecoins\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways More than 50,000 EU citizens reportedly emailed the European Commission over stablecoin rewards and perks. Over 126,600 people signed a separate petition calling for broader changes to MiCA\u2019s stablecoin rules. EU central banks want MiCA\u2019s ban on stablecoin rewards to remain and cover indirect incentives. Stand [&hellip;]<\/p>\n","protected":false},"author":3947362405,"featured_media":78948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78947"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362405"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78947"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78948"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}