BOE Governor Bailey openly disagrees with Trump admin’s backing of stablecoins

Andrew Bailey, the Governor of the Bank of England, has issued a warning to the world’s largest banks against issuing their own stablecoins, setting up a potential regulatory and ideological clash with the Trump administration in the United States, which has been actively encouraging stablecoin adoption. In a recent interview, Bailey said he would much […] source: https://www.cryptopolitan.com/boe-governor-bailey-disagrees-with-trump/