Bank of England Deputy Governor Breeden has spoken: there’s no rush for a digital pound, or “Britcoin”—stablecoins and tokenized deposits could do the job too. The Bank also wants sterling stablecoins to meet…
In plain English: no need to serve up the CBDC just yet; let stablecoins have a run first. The Bank says it’s in no hurry, but its actions say otherwise—it’s keeping a close eye on its regulatory power over stablecoins. That’s good news for crypto: with officials moving slowly, the stablecoin sector can keep running wild.
$BTC $ETH
In plain English: no need to serve up the CBDC just yet; let stablecoins have a run first. The Bank says it’s in no hurry, but its actions say otherwise—it’s keeping a close eye on its regulatory power over stablecoins. That’s good news for crypto: with officials moving slowly, the stablecoin sector can keep running wild.
$BTC $ETH