A run on stablecoins could force ECB to rethink interest rates, warns top policymaker
New Dutch central bank governor says digital tokens linked to US assets could become ‘systemically relevant’
New Dutch central bank governor says digital tokens linked to US assets could become ‘systemically relevant’

Rapid adoption of dollar-linked tokens would leave central bank struggling to control money supply and interest rates

European Commission poised to propose treating stablecoins issued outside bloc as interchangeable with EU versions

A regulatory framework must be established for tokens issued both inside and outside the bloc

Central bank partly backs down after industry criticism over plan for digital tokens

Growth of dollar-pegged crypto assets under Donald Trump risks accelerating dollarisation and enabling criminal misuse

Dollar-based digital currencies offer benefits for the US, but Britain and the EU are better off resisting them