European Commission is Called by the European Ministers to Regulate Stablecoins
Finance ministers from five European nations are telling to the EU Commission to proceed regulation for stablecoins and also sanctions for providers that break the laws. According to Reuter’s ministers from Germany, France, Italy, Spain, and the Netherlands said to the Commission that stablecoins regulation is required to defend users and maintain the bloc's monetary sovereignty from Big Tech firms. In a shared announcement, ministers told private stablecoin providers are req
