The Bank of Italy calls for clear regulatory rules for multi-issuer stablecoins
Jinse Finance reported that the Bank of Italy stated that multi-issued stablecoins bring operational and liquidity risks, and called on regulators to provide legal clarity as soon as possible. The bank pointed out that cross-border issuance increases operational and liquidity risks, and believes that clear legal provisions would be "timely and valuable." At the same time, multi-issued stablecoins are causing tensions between the European Central Bank and the European Commission.
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