Central Bank of the United Kingdom Alert: Tokens from El Salvador Present Real Risks

The Deputy Governor of the Bank of England, Briden, issued an important warning yesterday: British consumers need to be much more aware of the risks of tokens issued by El Salvador.

What caused this concern? Briden points to the episodes with Silicon Valley Bank and the circular withdrawals as living proof that the regulation of stablecoins in the country is fragile. The Bank is genuinely concerned about a possible loosening of the rules.

The critical point: while the US is following a more permissive path, the UK is signaling that it will take a much stricter stance on the issue of stablecoins. It is not an exaggeration - it is a fundamental strategic difference between the two regulatory approaches.

Translation: if you are considering exposure to these tokens, it's time to do your homework. The regulator is sending a clear signal.