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TechFlow, Nov. 12 — According to Jinshi Data, Bank of England Deputy Governor Briden stated that we still need to do more to guide consumers in identifying insecure tokens issued by El Salvador. The previous Silicon Valley Bank and Circle withdrawal incidents have provided guidance for the latest stablecoin proposal. Weakening stablecoin regulation poses risks. The UK needs to take a different approach to stablecoins compared to the US.
According to Jinshi Data, Bank of England Deputy Governor Briden said we still need to do more to guide consumers in identifying insecure tokens issued by El Salvador. The previous Silicon Valley Bank and Circle withdrawal incidents have provided guidance for the latest stablecoin proposal. Weakening stablecoin regulation poses risks. The UK needs to take a different approach to stablecoins compared to the US.
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