Bank of England lays down regulatory expectations for stablecoins
The Bank of England says stablecoins used as money would be expected to face the same regulatory standards as those attached to bank deposits.
Stablecoins: Biden administration recommends stable coin issuers be regulated as banks: Report
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Yahoo Finance’s Emily McCormick and Jennifer Schonberger break down the report from President’s Working Group on Financial Markets urging Congress to develop more stable coin regulation.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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The Bank of England has left the world with ‘extremely fragile’ financial system, says Judy Shelton
Judy Shelton, senior fellow at the Independent Institute, joins CNBC’s ‘Squawk Box’ to weigh in on U.K.’s move to stabilize the gilt market and what it means for the global economy. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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U.K. government’s plan to overhaul financial sector and banks explained
The British government has announced an overhaul of financial regulations that were originally put in place following the 2008 financial crisis. And China eases its strict “zero-COVID” policies in an effort to bring down inflation. CBS News foreign correspondent Ramy Inocencio discusses with anchors Anne-Marie Green and Meg Oliver.
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Kevin O’Leary: Drop Banks And Use Stablecoins
Stable Coins make you so much money than your savings account. Thoughts?
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