CoinVoice has recently learned that, according to CoinDesk, the new chairman of the Financial Stability Board (FSB) and the Governor of the Bank of England, Andrew Bailey, stated in an open letter to the G20 that assessing the role of stablecoins in payment settlement will become a priority for the FSB. After taking office in July, Bailey emphasized that before the G20 summit, the FSB needs to continue promoting the implementation of stablecoin regulatory recommendations and strengthen cross-border regulatory cooperation.

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