European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also provided an update on the progress of the digital euro. “At the ECB, our investigation phase is now in its final stage, preparing the ground for the Governing Council to decide whether to move to the next phase of the project,” he said.
ECB Executive Board Member on Digital Euro and Stablecoins
Fabio Panetta, member of the executive board of the European Central Bank (ECB), discussed stablecoins and the digital euro on Monday during his introductory statement at the Committee on Economic and Monetary Affairs of the European Parliament.
Noting that the ECB officially launched the digital euro investigation phase in October 2021, he said, “We have made considerable progress since then.” Panetta added:
At the ECB, our investigation phase is now in its final stage, preparing the ground for the Governing Council to decide whether to move
We współpracy z: https://news.bitcoin.com/ecb-official-shares-digital-euro-progress-concerns-over-paypals-stablecoin/
