This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

EU equivalence regime needed to allow foreign multi-issued stablecoin, ESRB says

By Fanny Roux ( October 20, 2025, 16:02 GMT | Insight) -- The European Systemic Risk Board warns against growing financial stability risks posed by stablecoins issued by both EU and non-EU entities. The EU body responsible for preventing systemic risk in the bloc’s financial system asked the European Commission to clarify that foreign multi-issued stablecoins are not allowed under current rules. The ESRB also recommends that the commission introduce a legal framework for assessing the equivalence of foreign legal regimes with the EU regime. The European Systemic Risk Board voiced concerns on Monday regarding the “materiality of the threats” that EU and non-EU multi-issued stablecoins pose to the bloc’s financial stability....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections