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Critics tell UK Lords stablecoins are not future money

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Critics tell UK Lords stablecoins are not future money
« on: February 05, 2026, 08:53:53 AM »
Critics tell UK Lords stablecoins are not future money

Critics tell UK Lords stablecoins are not future money

At a House of Lords hearing, witnesses cast doubt on stablecoins as mainstream money, backing strict Bank of England oversight and criticizing the "disastrous" US GENIUS Act for letting non‑banks into “the money business.”


Source: Critics tell UK Lords stablecoins are not future money
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