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Denis Beau, First Deputy Governor of the Bank of France, emphasized the critical need for strategic choices regarding stablecoins under the MiCA framework during the EUROFI High Level Seminar. Expanding on this vision, Piero Cipollone, ECB Executive Board member, highlighted the essential role of central banks in driving financial transformation through tokenisation. Cipollone discussed how the ECB aims to provide safe settlement assets to support financial innovation while maintaining overall stability. These combined efforts from the Bank of France and the ECB reflect a broader Eurosystem strategy to ensure resilience against the growing influence of digital assets. This policy direction is expected to provide long-term clarity for Euro-pegged digital assets such as EURC and EURS. The unified approach signals a significant regulatory step toward shaping the future of digital payments and financial infrastructure within the Eurozone.
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