The European Commission (CE) advances in the regulation of Stablecoins Despite the warnings of officials of the European Central Bank (ECB)who point out that these new rules could generate instability in the banks of the region in periods of turbulence in the markets.
In the last hours, the European Union (EU) He took new steps in relation to the regulations of the stable cryptocurrencies and prepares to publicize the new standards in the next few days, ignoring the repairs from the central, Financial Times reported.
From the government agency itself of the EUROZONAThey warn that the new guidelines that CE has in folder can generate instability in times of financial fluctuations.
However, the Community Executive is expected to announce in the next few days that the stablcoins broadcast outside the economic bloc will be exchanged with those that are allowed only within the EU markets.
The new report arises in a context where some legislators in Brussels and senior officials of the ECB themselves are considering the creation of the so -called Digital euroin response to the intention of the US President Donald Trump for promoting stable cryptocurrencies.
Christine Lagarde supports the creation of the digital euro in response
In this regard, the president of the ECB, Christine Lagardehe said last Monday that this eventual digital euro would give Europe with greater financial autonomy, while Stablecoins could increase the risks of “economic policy and financial stability” by removing the deposits of regional banks.
In turn, he recalled that these do not always keep their value fixed, despite being typically linked in 1: 1 relationship with the dollar, something that in the papers would grant a constant value.
For its part, in USA The Senate approved the legislation to establish a regulatory framework for the supervision of this type of crypt, which requires that the tokens be backed in liquid assets, whether they are US dollars or treasure bonds, and that the emitters detail month by month how their reserves are composed.
Source: Ambito
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