ECB Executive Board Member Says There is a Requirement of ‘Highest Regulatory Standards’ on Stablecoins

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Benoit Coeure, the respectable Executive Board Member of the European Central Bank, has urged a need for a stringent supervisory framework for governing digital currencies and stablecoin projects like Facebook’s Libra, stated a report by Bloomberg on Thursday, i.e., October 17. Mr. Benoit in an interview quoted that, In the case of Europe, neither the …

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