ECB & commission concerns

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The ECB advocates for a digital euro CBDC as an alternative to private stablecoins to mitigate financial stability risks
The European Commission is considering a compromise that would allow national regulators to independently assess risks and impose additional safeguards on foreign stablecoin issuers
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

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