welcome
Reuters

Reuters

Business

Business & Economics

Brussels set to disregard ECB warnings over stablecoin rules, FT reports

Reuters
Summary
Nutrition label

76% Informative

European Commission is set to announce new rules for the fast-growing stablecoin market in the coming days .

European Central Bank has warned that the proposed standards could destabilise the region's banks during periods of market volatility.

European Commission spokesperson told the FT that a run on a well-governed and fully collateralised stablecoin is very unlikely.

VR Score

86

Informative language

95

Neutral language

2

Article tone

formal

Language

English

Language complexity

69

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links