Circle Urges EU to Ease Crypto Thresholds in Proposed Markets Framework

Circle is pushing back on Europe. The stablecoin issuer has formally petitioned the European Commission to lower the capitalization thresholds in its proposed Market Integration Package. The argument is direct: the current rules create a regulatory paradox where a stablecoin must already be massive before it is legally permitted to operate at an institutional scale. For euro-denominated stablecoins like EURC, the framework creates friction. It effectively bans them from institutional settlement before th ...