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00:28
Andrew Bailey: Stablecoins Need International Unified Standards
According to Reuters, Bank of England Governor Andrew Bailey stated at the Financial Imbalances Conference on May 8 that in order for stablecoins to be integrated into the global payment system, an internationally unified standard must be established, which will involve a contest with the Trump administration. He warned that some US stablecoins carry liquidity risks and may be unable to be directly exchanged for US dollars during a crisis, potentially triggering a flow of funds into jurisdictions such as the UK.
00:23
Banking groups propose amendments to stablecoin yield compromise plan
As the Senate's key committee reviews the digital asset bill, banking industry groups have proposed amending the stablecoin rewards compromise reached by Senators Thom Tillis and Angela Alsobrooks, aiming to advance digital asset regulatory legislation.
2026/05/09 23:49
Hester Peirce: Prediction market ETF may be launched soon
According to The ETF Store President Nate Geraci, who posted on X, SEC Commissioner Hester Peirce hinted in a speech yesterday that prediction market ETFs will be launched soon.
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