UK House of Lords presses Coinbase exec on stablecoins, KYC and bank run fears

UK House of Lords presses Coinbase exec on stablecoins, KYC and bank run fears
Source:CoinTelegraph
00:00 / 00:00

Lawmakers asked if stablecoins could drain bank deposits and threaten financial stability, while Coinbase and Innovate Finance warned that strict regulation risks driving innovation offshore.

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