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Cryptopolitan
2023-04-13 22:10:23

Bank of England’s stance on stablecoins: Time to embrace real money regulations?

Bank of England’s stance on stablecoins: Time to embrace real money regulations?

TL;DR Breakdown Bank of England Governor Andrew Bailey calls for stablecoin regulation similar to traditional financial products. Bailey suggests that such assets must meet the same characteristics and regulations as real money. Regulatory discussions around pegged cryptocurrencies continue, with opinions differing on who should oversee their regulation. On April 12, Governor Andrew Bailey of the … Bank of England’s stance on stablecoins: Time to embrace real money regulations? Read More »

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