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

• February 23, 2021 3:32 PM
• Forex News

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

ECB wants final say on the legal status of private stablecoins in the EU The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission.According to , 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: