英国央行行长贝利：加大应对私人金融及稳定币风险力度

Core Viewpoint - The Governor of the Bank of England, Andrew Bailey, emphasizes the need for enhanced global policy responses to emerging threats posed by private finance and stablecoins, highlighting the importance of identifying and addressing new vulnerabilities in the financial system [1] Group 1: Global Financial Stability Committee (FSB) Actions - The FSB, chaired by Bailey, is committed to reforming its monitoring policies to be more flexible and responsive to emerging financial vulnerabilities [1] - Bailey has pledged to facilitate open discussions among member countries regarding next steps in addressing these threats [1] - The FSB aims to strengthen its collaboration with the global private sector to leverage expertise on risks and market vulnerabilities [1] Group 2: Rise of Stablecoins - Stablecoins, which are digital currencies backed by traditional assets like the US dollar, have seen rapid growth, particularly in the US market, with some analysts predicting their scale could expand to $2 trillion [1] - These digital currencies are designed to maintain a stable value, typically pegged 1:1 to the US dollar, and have gained traction in cross-border financial services [1] - The emergence of stablecoins is viewed as a potential blueprint for the 21st-century global payment system, although concerns about new risks in the financial system have been raised [1] Group 3: Regulatory Challenges - Bailey notes significant gaps in addressing financial stability risks, with few jurisdictions establishing comprehensive regulatory frameworks for stablecoins [1] - The FSB has struggled to collect comprehensive risk data from the rapidly growing non-bank financial sector, which includes a wide range of entities from hedge funds to private credit [1] - The trend towards deregulation raises concerns about the potential weakening of reform efforts, with Bailey citing delays in implementing post-crisis banking reforms as a notable example [1]