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Limits on stablecoins denominated in currencies other than euros were among the most controversial elements of the European Union’s Markets in Crypto Assets law.
A team of researchers commissioned by the French government said leaders should avoid previous mistakes made with the EU’s crypto rules when regulating the metaverse.
A near final leaked text is fuzzy on NFTs and could strangle the stablecoin market, some worry, but the overall reception to the bill appears to be positive.