EU, New York watchdogs to cooperate on cross-border stablecoin oversight
( June 2, 2026, 14:34 GMT | Official Statement) -- MLex Summary: The European Banking Authority and the New York State Department of Financial Services have agreed to cooperate on supervision of entities involved in cross-border stablecoin activities. The agreement aims to strengthen information-sharing and supervisory coordination for stablecoins issued in the EU and New York State. It also establishes a framework for mutual assistance in supervision and coordination in crises or emergency situations.Press release follows. Document attached....
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