EU Prepares 2027 Crypto Rule Reboot Amid Stablecoin Pressure

The European Union is set to revise its crypto rules in 2027 due to increasing pressure from non-EU jurisdictions and emerging technologies. The EU Commission has been consulting stakeholders until September 30th, but lawmakers are convinced that a review is inevitable.

EU officials have expressed concerns about regulating stablecoins, which are cryptocurrencies pegged to real-world assets like the US dollar. They fear that with multiple companies issuing the same stablecoin, it becomes increasingly complex to regulate them.

US President Donald Trump has invested in stablecoins and signed the GENIUS Act into law, providing a regulatory framework for these assets. As 95% of stablecoins worldwide are backed by the US dollar, Trump is positioning them as a key means of payment for international transactions.

The review will also examine whether to expand the EU's crypto legislation to cover new tokenised means of payment and deposits, which are expected to emerge in the coming years. The European Central Bank has already begun adapting its infrastructure to tokenisation and distributed ledger technology.