BdF deputy governor softens digital euro regulatory stance
Beau says central bank money is safer, more liquid and less volatile than stablecoins
A deputy governor of France’s central bank has said the eurozone needs to draft financial regulations that do not “stifle innovation” for its own central bank digital currency (CBDC).
In a speech at the Singapore Fintech Festival, Denis Beau said the digital euro’s framework needed to be “sufficiently demanding to ensure that stakeholders are protected” and to guarantee stability in both the financial and payments systems.
Beau also wanted central bank money to be used to settle payments for
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