#StablecoinLaw
🔍 What is the Stablecoins Law?
The Stablecoins Law refers to the legal and regulatory framework that governs:
Issuance of stablecoins (such as who is authorized to issue them)
Reserve requirements (for example, what type of assets must back the stablecoin)
Transparency and auditing
Consumer protection
Integration with the traditional financial system
Oversight by regulatory bodies (such as central banks or financial regulatory authorities)
🏛️ Latest global developments (up to mid-2025)
🇺🇸 United States
The U.S. Congress has discussed several laws, including:
Clarity for Payment Stablecoins Act
Stablecoin TRUST Act
Among the key provisions of these laws:
Allowing only banks or entities with special licenses to issue stablecoins.
Requirement for a 1:1 reserve for each stablecoin issued.
Full disclosure and regular financial audits.
Oversight from the Department of the Treasury and the Federal Reserve.
🇪🇺 European Union
Stablecoins are regulated under MiCA (Markets in Crypto-Assets Law):
Stablecoins are classified into Asset-Referenced Tokens (ARTs) and Electronic Money Tokens (EMTs).
It requires obtaining a license, strict reserve management, and financial disclosure.
