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European Central Bank (ECB) Wants Full Control Of Stablecoin Issuance In Region

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European Central Bank (ECB) Wants Full Control Of Stablecoin Issuance In Region

European Central Bank (ECB) Wants Full Control Of Stablecoin Issuance In RegionThe European Central Bank (ECB) has requested EU lawmakers to confer bank control over the issuance of stablecoins within the region. Reuters reported today that the ECB, via a legal memo issued on February 19, requested exclusive rights to determine stablecoin future within its jurisdiction.  The ECB argues that if stablecoins are not strictly regulated,

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