FTFinancial Times·2hBusiness
score-0.35
Bank of England Reviews Stablecoin Rules, Deputy Governor Acknowledges 'Overly Conservative' Approach and Signals Openness to Alternatives
Original
Bank of England set to water down stablecoin rules after industry pressure
“Mildly negative framing emphasizes regulatory retreat and industry pressure, but balanced by acknowledgment of reassessment rather than catastrophic failure.”