Italian Central Bank Urges EU Stablecoin Rules

Italy’s central bank deputy governor Chiara Scotti has called on the European Union to adopt clear and unified regulations for cross-border stablecoins. Speaking at a central banking conference in Rome, she warned that unclear rules could create legal and financial-stability risks. Scotti stressed that stablecoins issued outside the EU but redeemable inside the bloc require specific guidance to protect users and markets. EU Faces Cross-Border Stablecoin Dilemma Chiara Scotti, deputy governor of the Bank of Italy, urged the EU to clarify how stablecoins issued in several countries should be regulated source: https://beincrypto.com/italian-central-bank-urges-eu-stablecoin-rules/