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Image header Agence Europe
Europe Daily Bulletin No. 13822
Contents Publication in full By article 25 / 44
ECONOMY - FINANCE - BUSINESS / Ecb

Frankfurt institute experts fear effects of growing use of stablecoins on monetary policy in euro area

In a working paper published on Tuesday 3 March, experts from the European Central Bank (ECB) warned of the risks of banking disintermediation and disruption to monetary policy if the use of stablecoins, private cryptocurrencies with a stable value, were to increase in the euro area.

They point out that increasing use of these digital assets could encourage households and businesses to shift some of their funds from traditional bank deposits to stablecoins, at the risk of reducing banks’...

Contents

WAR IN MIDDLE EAST
SECTORAL POLICIES
INSTITUTIONAL
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
SOCIAL AFFAIRS - EMPLOYMENT
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE - SPACE
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS