🚨 GLOBAL STABLECOIN RULES COULD CLASH WITH THE US


Bank of England Governor Andrew Bailey says global regulators may face a “wrestle” with the US over stablecoin rules. The issue is that most stablecoins are dollar-backed, giving America huge influence over the market. Bailey says that if these tokens are used for global payments, they need shared rules or they could create #major financial stability risks. #crypto
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin