ECB

The EU’s central bank says stablecoins draw value from eurozone banks and could pose a risk to global financial stability.

European Central Bank officials kept a clear target this week: launch the digital euro in 2029. That goal was described...

European Central Bank (ECB) President Christine Lagarde has called on policymakers to accelerate legislation targeting the risks posed by stablecoins....

Stablecoins should comply with the bloc’s regulatory standards before operating on EU soil, Lagarde argued.