Global Regulation of Stablecoins Faces Delays, Prompting Calls for Cooperation to Mitigate Fragmentation Risks
The development of global standards for stablecoins has slowed down over the past year, sparking concerns among central bankers that regulatory gaps could lead to market fragmentation and increased risk. Bank of England Governor Andrew Bailey, who chairs the Financial Stability Board, noted that progress on international rules has stalled, according to recent reports. This slowdown is a concern, …
April 20, 2026, 2:31 p.m.