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Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says

The central bank governor also said regulators can't rule out central bank digital currencies as the U.K. explores a digital pound.

Updated Apr 12, 2023, 8:28 p.m. Published Apr 12, 2023, 3:03 p.m.
Bank of England Governor Andrew Bailey (WPA Pool/Getty Images)
Bank of England Governor Andrew Bailey (WPA Pool/Getty Images)