Qivalis, a consortium of major EU banks, is currently in advanced negotiations with crypto exchanges to secure listings for their euro-pegged stablecoin on regulated platforms. This effort aligns with the EU’s MiCA framework, which mandates that stablecoin issuers maintain full reserves and obtain authorization from national regulators. As European banks explore localized stablecoins to cater to the increasing demand for euro-denominated digital assets, compliance with exchange listing requirements becomes crucial, ensuring adherence to local licensing rules.
Qivalis advances talks for euro-pegged stablecoin listing
