BoE Governor Andrew Bailey Warns of Emerging Stablecoin Risks Amid $300B Market Surge

BoE Governor Andrew Bailey Warns of Emerging Stablecoin Risks Amid $300B Market Surge

Bank of England Governor Andrew Bailey has urged the Group of 20 (G20) nations to tighten surveillance of stablecoins and other forms of private finance, warning that regulators must respond more quickly to emerging digital and geopolitical risks. In a letter sent to G20 finance ministers and central bank governors — written in his capacity … Read more