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BoE governor Bailey calls for globally-unified stablecoin regulations
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BoE governor Bailey calls for globally-unified stablecoin regulations
Bank of England Governor Andrew Bailey (who is also the chair of the Financial Stability Board) said on Wednesday at an event hosted by the Institute of International Finance that the world is still moving too slowly on one shared set of rules for crypto industry’s stablecoins. He said work on international standards for stablecoins has lost speed over the past year, even as these tokens keep getting deeper into the global financial system. Andr…
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