EU to Introduce New Stablecoin Regulations Despite ECB Concerns
Date: 2025-06-26 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The European Commission is set to publish a document in the coming days containing new regulations on stablecoins, the Financial Times reports, citing sources familiar with the content of the upcoming guidelines. The new rules will apply to assets issued outside the EU and will propose treating them as interchangeable with licensed versions of the same stablecoins traded within the EU.
This step, as emphasized in the publication, is being implemented despite concerns from the European Central Bank. The ECB has previously expressed the opinion that the proposed regulations could threaten the stability of the EU banking system, especially in the context of sharp fluctuations in financial markets. According to the regulator, the widespread use of foreign stablecoins in the eurozone without proper control could increase the outflow of liquidity from the traditional banking sector.
The guidelines prepared by the European Commission are intended to simplify the rules for the circulation of digital currencies, whose popularity has increased significantly in recent years. This is especially true for stablecoins, which are cryptocurrencies backed by fiat currencies or other assets and used as a means of exchange within the crypto economy.
EU financial authorities have long been discussing ways to integrate digital assets into the existing regulatory environment. However, the proposals of the European Commission differ from the cautious position of the ECB, which indicates internal disagreements on issues of financial stability and innovative development.
If the document is approved and enters into force, it will have a significant impact on the structure of the European crypto market. Companies issuing stablecoins outside the EU will be able to apply for admission of their assets into the European legal field without the need to separately register each version.
The European Commission is thus seeking to create conditions for unifying the rules on stablecoins, regardless of their country of origin. However, the final effect of these steps will depend on how clearly and effectively the interests of the innovative sector and traditional financial institutions can be balanced.
