The EU tentative regulation that Biodom mentioned, as I understand it, is aimed at tokens issued by corporate actors (libra is explicitly mentioned, and tether would qualify as well). My previous post simply states that I personally agree that such corporate entities should be held liable, and any failure to comply with redemption requests immediately should have civil and criminal consequences.
The last thing we need is more fractional reserve scams springing up like mushrooms everywhere.
But...bbut...the last thing we need is these corporate-issued tokens in the first place. That's my point. They are completely un-needed, nobody is asking for them, and fiat currencies work just fine as-is. They provide the public with zero benefit.