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Urgent Warning: UK Stablecoin Regulations Crucial for Preventing Financial Instability
The cryptocurrency world often celebrates innovation. However, financial regulators frequently highlight potential risks. A recent stark warning from a senior Bank of England (BoE) official underscores this critical balance. Sarah Breeden, the BoE’s Deputy Governor, cautions that loosening UK stablecoin regulations could dangerously undermine financial stability and potentially trigger a widespread credit crisis. This significant […]
