Tag: bank deposit

  • ECB, EU central banks oppose stablecoin bank deposit rule

    ECB, EU central banks oppose stablecoin bank deposit rule

    PARIS, Sept 22 : Stablecoin issuers should not be required to hold a minimum proportion of their reserve assets as bank deposits because they could leave lenders exposed to changes in the stablecoin market and less sticky deposits, the ECB and other EU central banks said on Tuesday.The European System of Cen

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