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Diem bridges banking and crypto worlds, Draghi’s second chance to save Europe

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Diem bridges banking and crypto worlds, Draghi’s second chance to save Europe

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Tuesday 16 February 2021 – Vol.12 Ed.7.2

Commentary: Diem bridges banking and crypto worlds

By Katie-Ann Wilson in London

Diem has been through several iterations since it was first announced in June 2019. Adjustments are not limited just to a change of name. Now those behind the project are beginning to reveal where they expect Diem to sit within financial markets. They are outlining how the stablecoin will overcome regulatory and structural hurdles as it enters use. The plan is for it to act as a bridge between traditional banking and new, digital assets.

Read the full commentary on the website.

Commentary: Draghi’s second chance to save Europe

Mario Draghi

By Antonio Armellini and Edoardo Reviglio in Rome

Mario Draghi, former president of the European Central Bank, has every chance of shaping Europe as the new Italian prime minister. But he will depend on an electoral timetable outside his control and on a range of temporarily tamed political parties that could later turn against him. In the past 30 years, Draghi has demonstrated proficiency as an expert official and central banker. Draghi must show he can deploy that same mastery on the front line of political power.

Read the full commentary on the website.

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