🚨ECB VS COMMISSION OVER CRYPTO THREAT

🔹EU split deepens as ECB warns Trump’s crypto push could trigger financial contagion in Europe.

🔹ECB urges urgent rewrite of MiCA, citing risk from U.S. dollar-backed stablecoins

🔹Commission dismisses fears, calling ECB's view “melodramatic”

🔹ECB sees threat to EU monetary sovereignty, fears shift of EU savings to U.S.

🔹New U.S. laws — STABLE & GENIUS — may boost stablecoin supply to $2T by 2028

🔹Tensions fueled by ECB’s push for digital euro vs. dollar-dominated crypto dominance

#ECB #MiCA #Stablecoins #DigitalEuro #EUFinance

-Politico (April 22, 2025)