Bank of England’s Breeden warns watered-down stablecoin rules risk stability

Breeden said loosening UK stablecoin rules could fuel risky bank outflows, urging stronger safeguards as the Bank of England finalizes its crypto framework.
Source: Bank of England’s Breeden warns watered-down stablecoin rules risk stability (https://cointelegraph.com/news/bank-of-england-weary-of-weak-stablecoin-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)