CryptoBearishThe Block · 2h ago7/10
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BoE’s Bailey warns of looming ‘wrestle’ with US over stablecoin rules, flags run risk for UK
Bank of England Governor Andrew Bailey, who chairs the Financial Stability Board, has warned of potential regulatory conflicts with the US over stablecoin rules, cautioning that poorly-redeemable US stablecoins could flood into jurisdictions like the UK during financial crises, creating systemic risks.
