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    Bank of England Chief Sounds Alarm on Big Bank Stablecoin Issuance

    TechAiVerseBy No Comments1 Min Read2 Views
    Bank of England Chief Sounds Alarm on Big Bank Stablecoin Issuance

    Bank of England Chief Sounds Alarm on Big Bank Stablecoin Issuance

    Bank of England Governor Andrew Bailey warns that allowing banks to issue stablecoins could destabilize the financial system, advocating instead for tokenized deposits. This contrasts with the US’s push for broader stablecoin adoption.
    The post Bank of England Chief Sounds Alarm on Big Bank Stablecoin Issuance appeared first on BeInCrypto…

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    Jonathan is a tech enthusiast and the mind behind Tech AI Verse. With a passion for artificial intelligence, consumer tech, and emerging innovations, he deliver clear, insightful content to keep readers informed. From cutting-edge gadgets to AI advancements and cryptocurrency trends, Jonathan breaks down complex topics to make technology accessible to all.

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