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Crypto sector sees foreign multi-issuance stablecoins in EU facing backlash

By Fanny Roux ( August 27, 2025, 14:15 GMT | Comment) -- The European Commission’s intention to allow EU and non-EU multi-issuance stablecoins is facing criticism from the ECB, as well as from EU lawmakers and some member states. They argue that it could undermine EU sovereignty and financial stability. Their concerns come as the bloc’s executive is about to publish a non-binding guidance document that interprets the markets in crypto-assets regulation.The EU law on crypto-assets allows stablecoins issued by both an EU entity and a non-EU entity, the European Commission is set to explain in a guidance document to be published after the summer....

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