The European Systemic Risk Board has recommended a ban on multi-issuance stablecoins, a move that aligns with the European Central Bank’s campaign to limit their use. The core motivation is mounting concern over foreign influence and the protection of European monetary sovereignty. A Push for Sovereignty Over Stability The European Systemic Risk Board’s (ESRB) recommendation […]
Source: https://news.bitcoin.com/lagarde-vs-the-dollar-ecb-push-to-ban-us-issued-stablecoins-gains-traction/