An EU Council and Commission statement on the dangers of stablecoins for the EU is being prepared, as European source confirmed to EUROPE on Thursday 31 October. It is expected to be presented to EU Finance Ministers on Friday 8 November, on the occasion of an information point at the Economic and Financial Affairs Council.
The initiative was originally pushed by France and Germany, but it is ultimately the Finnish Presidency of the Council of the EU that will present the statement, with...