This is a UK news story, published by CoinGape, that relates primarily to Andrew Bailey news.
For more UK news, you can click here:
more UK newsFor more Andrew Bailey news, you can click here:
more Andrew Bailey newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
England Chief Urges Tougher Stablecoin Rules. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest stablecoins news, Bitcoin news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Stablecoins Regulatory ApproachCoinGape
•Business
Business & Economics
78% Informative
Bank of England Governor Andrew Bailey has emphasized the need for stringent regulations on stablecoins, distinguishing them from Bitcoin and other cryptocurrencies.
Andrew Bailey emphasized that stablecoins need a clear framework to meet high regulatory standards.
The BoE Governor is still evaluating the introduction of a central bank digital currency ( CBDC ) in collaboration with the UK government.
Bailey said Bitcoin is not a form of money but a high-risk investment option.
VR Score
72
Informative language
67
Neutral language
59
Article tone
formal
Language
English
Language complexity
63
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links