EU Banks Could Access Stablecoins More Easily Under Commission’s Leaked Capital Plans

“The uncertainty and conservatism inhibits deal-making in the short term, much of which is to pilot, test and improve banks’ experience and understanding of this market in a controlled manner,” Sahir Akbar, managing director of prudential regulation at lobby group the Association for Financial Markets in Europe (AFME), said of the commission’s plans in a statement emailed to CoinDesk.