Bank of England on a Collision Course With the US: Banks Should Not Issue Stablecoins – Crypto News Bitcoin News

Andrew Bailey, Governor of the Financial institution of England, warned concerning the risks of banks issuing stablecoins, stating that they might take away cash from the banking system. His stance contrasts with that of the Trump administration, which views stablecoins as a instrument to increase greenback hegemony. Financial institution of England Governor Warns About Banks Issuing Stablecoins Stablecoins […]



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