Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Global stablecoin regulation urged to prevent fragmentation.

flag Bank for International Settlements head Pablo Hernandez de Cos urges global cooperation on stablecoin regulation to prevent market fragmentation and financial instability. flag He warns that divergent national rules could create loopholes, and that large stablecoins like Tether and Circle may function more like ETFs than money due to redemption delays. flag Additionally, he suggests prohibiting interest payments on stablecoins could reduce their appeal compared to bank deposits.

9 Articles