ECB calls for tougher EU crypto rules and wider ban on stablecoin interest

A day after unveiling Pontes, its system for settling tokenised assets in central bank money, the ECB has set out how it wants Europe's crypto rulebook rewritten.

The response, published on Tuesday by the European System of Central Banks, which groups the ECB with the EU's national central banks, argues for tougher rules on stablecoins, staking and crypto firms.