ECB's Coeure says 'stablecoins' pose risks amid resistance to Facebook's Libra

ECB's Coeure says 'stablecoins' pose risks amid resistance to Facebook's Libra

5 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-facebook-libra/ecbs-coeure-says-stablecoins-pose-risks-amid-resistance-to-facebooks-libra-idUSKBN1W11CZ

A new breed of asset-backed cryptocurrencies such as Facebook's Libra are untested and pose serious risks, the European Central Bank's Benoit Coeure said on Monday, pledging a tough regulatory approach.

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