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Sveinn Valfells, Co-founder of Monerium, agrees with Mario Draghi that Europe’s tariffs hinder innovation, particularly in the digital service sector. Stablecoins, a form of digital money, have the potential to significantly boost GDP. However, EU regulations like MiCA create unnecessary barriers and favor banks over e-money issuers. Removing these barriers and giving e-money issuers direct access to ECB facilities could unlock the full potential of stablecoins in Europe.
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