Stablecoins harbor big risks, tough rules needed: Coeure
https://www.reuters.com/article/us-facebook-libra/stablecoins-harbor-big-risks-tough-rules-needed-coeure-idUSKBN1W11CZ
Stablecoins such as Facebook's planned Libra are untested and pose serious risks, the European Central Bank's Benoit Coeure said on Monday, pledging a tough regulatory approach amid global scrutiny of the social media company's project.
Stablecoins harbor big risks, tough rules needed: Coeure
Sep 16, 2019, 12:30pm UTC
https://www.reuters.com/article/us-facebook-libra/stablecoins-harbor-big-risks-tough-rules-needed-coeure-idUSKBN1W11CZ
>Stablecoins such as Facebook's planned Libra are untested and pose serious risks, the European Central Bank's Benoit Coeure said on Monday, pledging a tough regulatory approach amid global scrutiny of the social media company's project.