International Regulation of Stablecoins Faces Delays, Prompting Calls for Cooperation
The development of global standards for stablecoins has experienced a slowdown over the past year, sparking concerns among central bankers about potential 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 has raised concerns, with Bank …
April 20, 2026, 2:31 p.m.