On 5 December 2019, the European Commission (Commission) published a speech by Valdis Dombrovskis, European Commissioner for Financial Stability, Financial Services and Capital Markets Union, following the final Economic and Financial Affairs Council (ECOFIN) meeting under the Finnish Presidency. Among other things, ECOFIN announced the endorsement of a joint statement with the Commission on stablecoins (see previous blog here). Mr Dombrovskis describes that a number of Member States, such as France, Germany and…