The European Blockchain Association, in collaboration with Dr. Ulrich Bindseil and Erwin Voloder, has released a report advocating for reforms to the Markets in Crypto-Assets (MiCA) framework to enhance the competitiveness of euro stablecoins. The report, titled "Reforming MiCA to Support Euro Stablecoins," was published on April 27 and emphasizes the need for regulatory adjustments to prevent Europe from becoming less attractive for crypto activities due to overly stringent requirements. The report suggests that current MiCA regulations could place Europe on a regulatory "Laffer curve," potentially driving crypto activities outside the EU. It proposes targeted reforms to create a more competitive and resilient euro stablecoin ecosystem. The association calls on policymakers and industry stakeholders to engage in discussions to refine the MiCA framework and strengthen Europe's position in the global crypto market.