Bailey joins calls for alignment of global crypto regulations
Regulators must “come together” to unlock digital assets’ cross-border functions, BoE governor says
Global regulators should align their strategies on crypto assets to unlock the technology’s cross-border potential, the governor of the Bank of England has said.
During a ‘fireside chat’ at the Institute of International Finance’s annual meeting in Washington on October 14, Andrew Bailey was asked about the fragmentation of crypto regulations among major authorities.
Bailey emphasised that digital assets’ potential lay in their ability to address current shortcomings in cross-border payments. He
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