The Bank of Italy has called for clarification of regulations for multi-issuer stablecoins
2025-09-19 06:26:48
The Bank of Italy said multiple stablecoins posed operational and liquidity risks and called on regulators to provide legal clarity as soon as possible. It noted that cross-border offerings increased operational and liquidity risks and argued that clear legal provisions would be "timely and valuable". At the same time, multiple stablecoins are sparking tensions between the European Central Bank and the European Union Commission.
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