The EBA and the New York State Department of Financial Services sign a Memorandum of Understanding to foster cooperation in the supervision of international stablecoin activities
The European Banking Authority (EBA) has signed a Memorandum of Understanding (MoU) with the New York State Department of Financial Services (NYDFS) under the Markets in Crypto-Assets Regulation (MiCA). The agreement aims to strengthen cooperation in the supervision of entities engaged in cross-border stablecoin activities.