🌟 Big news in the crypto world! Andrew Bailey, the current BoE governor, is set to become the next chair of the G20's financial overseer, the Financial Stability Board (FSB), starting this July. 🎉
Bailey's nomination comes as the FSB wraps up its recommendations for regulating crypto-assets and stablecoins, aiming to tackle potential financial stability threats. With his experience leading the FSB's crypto regulatory framework, Bailey is well-positioned to steer future reforms.
What do you think about Bailey's new role and its impact on the crypto landscape? Share your thoughts below! 👇