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      ECB Warns Stablecoin Deposit Rule Could Backfire on Europe's Banks

      The European Central Bank and all 27 EU national central banks want MiCA's rule forcing major stablecoin issuers to hold 60% of reserves as bank deposits scrapped. They warn the requirement could expose lenders to sudden withdrawals during a stablecoin run.

      Source: Coinpaprika
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud