Global Regulation of Stablecoins Slows, Prompting Calls for Cooperation to Mitigate Fragmentation Risks
The development of global standards for stablecoins has decelerated over the past year, sparking concerns among central bankers about potential market fragmentation and heightened risk. Bank of England Governor Andrew Bailey, who chairs the Financial Stability Board, noted that progress on international regulations has stalled, according to recent reports. This slowdown is a concern, as emphasize…
April 20, 2026, 2:31 p.m.