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Euro Regulators Urge Central Bank to Issue Regulated Digital Currency as Stablecoin Threat Looms

A coin looking pretty stable on some rocks

Regulators in Europe have called on the European Central Bank (ECB) to explore the feasibility of launching a digital currency for the bloc. Supranational agencies and governments, alike, have labeled stablecoins – especially Libra – a potential menace to financial stability. As per documents seen by Reuters, the proposed draft suggests that said digital currency

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