Express

Bank of England Governor Warns: Stablecoins Threaten Public Trust in Currency

Summary: In a recent statement, Bank of England Governor Andrew Bailey warned that the rise of stablecoins could undermine public trust in currency, as experts raise concerns about the widespread adoption of cryptocurrencies backed by the US dollar.

In a recent statement, Bank of England Governor Andrew Bailey warned that the rise of stablecoins could undermine public trust in currency, as experts raise concerns about the widespread adoption of cryptocurrencies backed by the US dollar.

Last Update:

Tags:
Link: Bank of England Governor Warns: Stablecoins Threaten Public Trust in Currency [Copy]

Last: DWF Partner: Bitcoin and Crypto-Related Stocks May Reach New Highs, Some Altcoins to Follow Suit

Next: Suspected Matrixport-Related Address Withdraws 40,734 ETH in Past 24 Hours

US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 hours ago

Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 2 days ago

New All-Time High for BTC: Weekly Market Outlook & Strategy 3 days ago

Bitcoin Surges to New Highs, Momentum Points to Further Gains 7 days ago

Circle Intensifies Stablecoin Push with Key Exchange Partnerships 8 days ago