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Legal proposal on multi-issued stablecoins urgently needed, EU lawmaker says

By Fanny Roux ( February 24, 2026, 15:42 GMT | Insight) -- A European Parliament draft report is calling for urgent legislation to provide legal certainty on the issuance of stablecoins by both an EU entity and a non-EU entity, following the European Commission's stalled guidance document on the matter. The text, prepared by conservative lawmaker Johan Van Overtveldt, does not oppose allowing such stablecoins but insists on safeguards. It is due to be put to a vote in the full assembly on July 6.The crypto-asset sector sees a new development in the debate over stablecoins in the EU, with a non-binding draft report in the European Parliament calling for a legislative proposal to provide legal certainty on the issuance of stablecoins by both an EU entity and a non-EU entity, or multi-issued stablecoins....

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