{"id":86764,"date":"2023-11-08T16:00:26","date_gmt":"2023-11-08T14:00:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86764"},"modified":"2025-09-13T07:34:39","modified_gmt":"2025-09-13T04:34:39","slug":"eu-to-discuss-new-liquidity-requirements-for-stablecoins","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/eu-to-discuss-new-liquidity-requirements-for-stablecoins\/","title":{"rendered":"EU to discuss new liquidity requirements for stablecoins"},"content":{"rendered":"

The European Banking Authority (EBA) has published for public consultation capital and liquidity requirements for issuers stablecoins<\/a> and other digital tokens. Reuters<\/a> reports.<\/p>\n

Under the proposal, issuers of currency-backed stablecoins<\/a> must hold sufficient resources to fully settle their liabilities to investors at face value.<\/p>\n

For commodity-backed stablecoins, such as those backed by gold, the calculation would be based on the asset’s market price at the time of redemption.<\/p>\n

The new rules would ensure the swift sale of the coin even in a crisis. They would also prevent non-bank issuers of stablecoins from gaining unfair advantages in capital or liquidity relative to banks.<\/p>\n

\n

\u201cThe supervisory authority may tighten the requirements on the issuer to cover these risks based on liquidity stress testing results,\u201d the EBA said.<\/p>\n<\/blockquote>\n

Banks may be exempt from such requirements in some cases if they already have sufficient liquidity buffers under existing EU rules, the supervisory authority added.<\/p>\n

All proposals are out for three months of public consultation, with public hearings scheduled for 30 January 2024.<\/p>\n

In April, the European Parliament voted<\/a> on a bill for comprehensive regulation of the crypto industry MiCA<\/span>. The main provisions of the rules, including those relating to stablecoins, will come into force one year after adoption.<\/p>\n

In July the EBA <\/a> proposed to raise requirements<\/a> on issuers of “stablecoins”, whose reserves consist of derivatives or covered bonds.<\/p>\n

According to Moody’s Analytics, in 2023 high-capitalization stablecoins lost their peg to the underlying asset 609 times<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The European Banking Authority has published for public consultation capital and liquidity requirements for issuers of stablecoins and other digital tokens.<\/p>\n","protected":false},"author":1,"featured_media":86765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[733,1001,36,807],"class_list":["post-86764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-europe","tag-liquidity","tag-regulation","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=86764"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86764\/revisions"}],"predecessor-version":[{"id":86766,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86764\/revisions\/86766"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/86765"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}