[European Central Bank President Lagarde: The EU Should Address Stablecoin Regulatory Gaps] Golden Finance reports that European Central Bank President Lagarde stated on Wednesday that EU lawmakers should require foreign stablecoin issuers to adopt 'safeguards' and 'robust equivalent regulatory frameworks' to prevent reserve run risks within the EU. Speaking at a regulatory conference, she said: 'European legislation should ensure that such schemes cannot operate within the EU unless supported by strong equivalent frameworks from other jurisdictions and safeguards related to asset transfers between EU and non-EU entities.' She added: 'This also highlights why international cooperation is indispensable. Without a fair global regulatory environment, risks will always seek out the weakest link.'
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