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Bitgo CEO Warns Europe’s MiCA Rules Could Trigger a Massive Stablecoin Crisis

Bitgo CEO Mike Belshe claims that the Markets in Crypto Assets (MiCA) framework puts the entire stablecoin ecosystem in danger by forcing issuers to hold their reserves in fractional banks, exposing crypto to the risks o...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitgo CEO Warns Europe’s MiCA Rules Could Trigger a Massive Stablecoin Crisis
Bitgo CEO Mike Belshe claims that the Markets in Crypto Assets (MiCA) framework puts the entire stablecoin ecosystem in danger by forcing issuers to hold their reserves in fractional banks, exposing crypto to the risks of the fiat system in Europe. Bitgo CEO States MiCA Brings Systemic Risks to Stablecoin Issuers Mike Belshe, CEO of […]

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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