International Regulation of Stablecoins Faces Delays, Prompting Calls for Cooperation to Minimize Fragmentation Risks
The development of global guidelines for stablecoins has decelerated 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 also chairs the Financial Stability Board, noted that progress on international regulations has stalled. This slowdown is a concern, according to Bankā¦
April 20, 2026, 2:31 p.m.