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Central BankEuropean Central Bank (ECB) President Christine Lagarde urged European Union (EU) lawmakers to impose stringent requirements and safeguards on foreign stablecoins.Lagarde argued they should comply with the bloc’s regulatory standards before operating on EU soil, she said in a speech at a European Systemic Risk Board (ESRB) conference in Frankfurt on Wednesday.The ECB president cautioned that during a stablecoin run, investors would be more likel…See the Story
ECB President Lagarde Calls For Firm Safeguards on Foreign Stablecoins
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