According to Cointelegraph, a campaign involving approximately 50,000 individuals from across Europe is urging the European Union to ease current restrictions on stablecoin rewards as part of an ongoing review of the Markets in Crypto-Assets (MiCA) regulation. The request centers on stablecoin issuers’ ability to offer rewards—such as tokens or cash equivalents—to users who hold, transfer, or promote specific stablecoins under MiCA guidelines.
The letter campaign highlights concerns that current rules may limit legitimate user incentives while affecting market liquidity and consumer engagement. It notes that EU central banks are already exploring broader adjustments to MiCA provisions related to stablecoins, including reward mechanisms. The campaign emphasizes that easing restrictions should be balanced with appropriate safeguards for financial stability and consumer protection.
No specific timeline or formal proposal from the EU was mentioned in the source. The initiative is described as a coordinated effort by individuals calling on regulators to reconsider the current framework during the regulatory review phase. The goal, according to the letter, is to allow stablecoin issuers greater flexibility in offering rewards that align with product design and user behavior, while maintaining compliance with broader MiCA objectives.
The statement reflects a public input effort; no official EU position or draft amendment was referenced.
