2026-05-09 20:25:06
BoE's Bailey Warns of U.S. Stablecoin Regulatory Conflict, Flags 40% Reserve Gap on Friday
According to Reuters, on Friday (May 8), Bank of England Governor Andrew Bailey warned that international regulators face a "coming wrestle" with the U.S. government over stablecoin standards, as Washington promotes dollar-denominated stablecoins as global payments infrastructure without