Sources: The EU MiCA draft has restored restrictions on non-euro stablecoins, with a daily trading limit of 200 million euros

According to ChainCatcher, citing sources from The Block, the European Union's Markets in Crypto-Assets (MiCA) regulatory legislation draft has reinstated the daily trading cap for non-euro stablecoins (such as US dollar stablecoins) at €200 million. The European Parliament's Economic and Monetary Affairs Committee is scheduled to vote on the legislation in October or November.

Earlier reports indicated that sources said the EU crypto bill would relax restrictions on stablecoins, allowing the use of US dollar stablecoins. (Source link)