Fintech Switzerland
Stablecoins, a form a tokenized money issued primarily by non-banks, promise efficiency gains in payments, but also introduce new risks to financial stability and monetary control. Because of this, policymakers in the European Union (EU) have largely discouraged their development, favoring instead tokenized deposits issued by banks. According to a new paper by Bruegel, a [...] The post Economic Think Tank Warns EU Stablecoin Restrictions Risk Driving Activity Offshore appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH .
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