Global Efforts to Establish Stablecoin Regulations Stall, Prompting Calls for Cooperation
The development of global standards for stablecoins has experienced a significant slowdown over the past year, sparking concerns among central bankers that inadequate oversight could lead to market fragmentation and increased risk. According to recent reports, Bank of England Governor Andrew Bailey, who chairs the Financial Stability Board, stated that progress on international rules has come to …
April 20, 2026, 2:31 p.m.