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EU plans sweeping stress test of non-banks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EU regulators are planning their first stress test to look for vulnerabilities in the financial system outside of banks, reflecting fears about the rapid growth of less regulated groups such as hedge funds and private … Read more

Banks and non-banks should be able to issue stablecoins

Fed Governor Christopher Waller believes there should be a framework that allows banks and non-banks to issue regulated stablecoins. According to a recent Bloomberg report, Waller stated that stablecoins have the potential to expand the reach of the U.S. dollar on an international scale. However, the scale and utility of stablecoins will depend on a … Read more

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