EU plans new rules for global stablecoins despite ECB warnings

Brussels plans to bring in new rules for stablecoins, even though the ECB warns those rules could shake up banks when markets get volatile. The European Commission, the EU’s executive branch, plans to issue formal guidance in the coming days, according to the Financial Times. This will allow stablecoins made outside the union to count […] source: https://www.cryptopolitan.com/eu-plans-new-rules-for-global-stablecoins-despite-ecb-warnings/