ECB sends warning to PayPal over potential stablecoin monopolisation

The European Central Bank has taken aim at PayPal’s stablecoin venture underlining the need for a Digital Euro in what is developing into a rapidly competitive space. Utilising introductory remarks to the Committee on Economic and Monetary Affairs of the European Parliament in Brussels, ECB executive Fabio Panetta detailed his concern over the lack of … Continue reading ECB sends warning to PayPal over potential stablecoin monopolisation