The UK House of Lords has launched an investigation into stablecoins. This comes as the BoE moves toward finalizing systemic regulations. The investigation is taking place amid warnings from regulatory authorities that stablecoins could lead to bank deposit outflows and reorganize payment systems.
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The UK House of Lords has launched an investigation into stablecoins. This comes as the BoE moves toward finalizing systemic regulations. The investigation is taking place amid warnings from regulatory authorities that stablecoins could lead to bank deposit outflows and reorganize payment systems.