Donald Trump Crypto Coins quite concrete, supporting steps. This step was important for global crp money regulations. But England has been approaching the crypto for years. Many institutions, from banks in the region to the central bank, are still maintaining this attitude.
UK and Crypto Coins
Andrew Bailey, President of the Central Bank of the UK, is known for his negative statements about crypto currencies. Bailey Times magazine, who warned in the environment where the world’s largest banks began to export their own stablecoins, gave an interview. Here he said that banks will struggle to protect a fixed value and that you should come to your tokens with real money instead of assets connected to traditional currencies.
So what should banks do? Andrew says that deposit will be better than your token instead. So the digital version of traditional money. Thus, he thinks that there will be no money exit from the banking system and that the usable funds will not be at risk.
The President of the England Bank, who is also the head of the Financial Stability Board, will probably prevent the removal of stablecoin for England for a long time.
What are the risks?
Bitcoin 
$118,024.47Andrew expresses his discomfort with his rise Your crypto coins Those who argue that there is a risk for traditional markets. But the world’s largest asset manager has already adapted to the process and billions of dollars on behalf of Blackrock customers. BTC holding. Or giants such as BNY or JPM are working in billions of dollars of crypto. US states have already begun to approve of strategic Bitcoin reserve laws.
Visa and Mastercard have already integrated crypto currencies. Giants such as Strepe and Paypal have been developing their relationship with crypto for a long time.
However, Boe President argues that the collapse of stablecoins and as a result of this is dangerous for the markets to trigger the emergency sales of assets. So why are they seen as the safest cash equivalent assets if they cannot be translated into cash in an urgent way? If US bonds will not meet the most widely used collateral presence for stablecoins and the emergency sales of several hundred billion dollars, it is not risky crypto currencies, but the current traditional financial system?
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
