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ECB warns EU finance ministers that easing euro stablecoin rules would weaken banks: Reuters

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The Block Editorial
(08:21 PM UTC)
1 min read
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Updated bySarah Chen
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The European Central Bank rebuffed a proposal Friday that would have eased liquidity requirements for euro stablecoin issuers and opened a path for them to tap ECB liquidity, according to a Reuters report citing three people familiar with the closed-door discussions.

The pitch came from a policy brief by Brussels think tank Bruegel, presented to EU finance ministers and central bank governors at…

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