news

bitcoin

1 X bitcoin bitcoin =

Friday

05 March 2021

ECB wants final say on the legal status of private stablecoins in the EU

ECB wants final say on the legal status of private stablecoins in the EU


smart summary beta

According to Reuters, the ECB has asked EU lawmakers for veto powers concerning private stablecoin projects like the Facebook-backed Diem. An excerpt from the ECB opinion document reads:.

If EU lawmakers grant veto powers to the ECB, then private stablecoin issuers like Diem could be in for further regulatory hurdles even if the project secures approval from Swiss regulators.

Goto Full Article

bitcoin bitcoin price

$47076.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.2)

Article Metadata

author

site

cointelegraph.com

categories

Market data feeds provided by cryptocompare.com
bitsmart 2021