Bank of England governor warns against private stablecoin issuance

cointelegraph.com/news/bank-england-governor-warns-against-stablecoins

governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead.
Stablecoins introduce systemic risks to banking institutions that could destabilize the entire financial system, causing sovereign…

This story appeared on cointelegraph.com, 2025-07-14 05:53:49.685000.
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