Seventy economists have urged EU lawmakers to prioritize a public digital euro, warning that private stablecoins and foreign payment firms could threaten Europe’s monetary sovereignty. This advocacy for a state-backed digital currency highlights concerns over control and stability in the evolving financial landscape.

Meanwhile, in Dubai, the DFSA free zone has shifted the responsibility for vetting crypto tokens to licensed companies. This new approach, coupled with stricter AML expectations, is anticipated to create challenges for entities supporting privacy-focused digital assets, signaling a tightening regulatory environment for certain types of cryptocurrencies in the region.