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Image header Agence Europe
Europe Daily Bulletin No. 12365
ECONOMY - FINANCE - BUSINESS / Finance

EU does not refrain from banning cryptocurrencies if their identified risks exceed opportunities

No global stablecoin arrangement should begin operation in the European Union until the legal, regulatory and oversight challenges and risks have been adequately identified and addressed”, says a draft statement by the EU Council and the European Commission to be submitted to EU finance ministers on Friday 8 November for formal adoption in December.

The draft declaration identifies many challenges and risks related to consumer protection, privacy, taxation, cybersecurity, money...

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