Bank of England Governor Warns of Stablecoin Impact on Currency Trust AI Summary According to PANews, Bank of England Governor Andrew Bailey has issued a warning regarding the potential threat posed by stablecoins backed by the U.S. dollar. Bailey highlighted concerns that the widespread adoption of these cryptocurrencies could undermine public trust in traditional currencies. In a speech released on Thursday, Bailey emphasized the need for central banks to "closely monitor" innovations in the payment sector to prevent new vulnerabilities in the monetary system. His remarks come amid growing expert warnings about the implications of stablecoins on financial stability.
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The Prime Minister of PAKISTAN says that if ISRAEL look with evil eyes on Pakistan then the will not forgive them. Because we all know Israel attacks on iran yaman Iraq and also on Gaza people but according to Pakistan they are not
Binance Market Update: Crypto Market Trends | June 22, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.14T, down by 2.39% over the last 24 hours.Bitcoin (BTC) has been trading between $100,838 and $103,983 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $102,345, down by 1.35%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include GNS, BANANAS31, and DATA, up by 44%, 30%, and 19%, respectively.Top stories of the day:Ethereum Staking Reaches Record High with Over 35 Million ETHEl Salvador Increases Bitcoin Holdings by Eight CoinsThailand Approves Three Virtual Banks to Boost Financial InnovationTexas Establishes Strategic Bitcoin Reserve with New LegislationSEC Chair Considers New Framework for Digital Asset CustodyHong Kong Sees Significant Growth in Registered Funds and Web3 Development Bitcoin Adoption Gains Momentum in France Amid Strategic Discussions ARK Invest Intensifies Sale of Circle Shares, Generating Significant Revenue Key U.S. Economic Events Scheduled for Next Week U.S. and EU Near Agreement on Non-Tariff Trade IssuesMarket movers:ETH: $2254.46 (-7.51%)XRP: $2.0542 (-3.87%)BNB: $630.47 (-1.52%)SOL: $133.53 (-5.55%)TRX: $0.2716 (-1.09%)DOGE: $0.15527 (-5.09%)ADA: $0.5424 (-7.25%)WBTC: $102300.88 (-1.36%)BCH: $465.1 (-0.39%)TRUMP: $8.62 (-7.11%)