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    Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor

    • Post author:MiamiCrypto
    • Post published:April 14, 2023
    • Post category:Andrew Bailey/andrew bailey crypto/Bank of England (BOE)/commercial bank money/Digital Money/Featured/Silicon Valley Bank

    Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated as, inside money” before they function as…

    Continue ReadingStablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor
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