ECB President Christine Lagarde previously urged policymakers to tighten restrictions on stablecoin issuers, citing the risk of capital flight and reduced monetary sovereignty.
Quote
Sources
European Commission to ease rules on foreign stablecoins despite ECB opposition
Referenced by
President of the European Central Bank (ECB), Christine Lagarde declared to the European Parliament that stablecoin expansion across international borders must be governed by robust rules to protect monetary policy and financial stability
Crypto news
Claim
News event