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

The United Kingdom House of Lords grilled Coinbase’s top international policy executive on Wednesday over whether stablecoins would drain bank deposits and add new risks to the UK financial system,...

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

Source: cryptonews.net

The United Kingdom House of Lords grilled Coinbase’s top international policy executive on Wednesday over whether stablecoins would drain bank deposits and add new risks to the UK financial system, pressing him on everything from Silicon Valley Bank‑style ...