The idea of an official digital coin has been touted by several countries and companies worldwide as of late, particularly as the pandemic moves the world in a more digital direction. However, despite the newly mainstream status for digital coins, regulators still want to see cryptocurrencies, including stablecoins, heavily policed.
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ECB's Christine Lagarde pushes for digital Euro
"We need to fully reap the potential gains from digital technologies and, at the same time, make sure labor markets remain inclusive," she said, according to the remarks. "If we don’t, we risk creating a new divide, and we can already see gaps opening up when we look at differences in wages, education levels and gender."
