Crypto regulation has been a huge topic this year, and the Bank of England has been one of the entities trying to research how cryptocurrencies could threaten existing financial institutions. However, last week it was reported that the bank has struggled to find the information needed on the potential risks, so it’s now launching further investigations, which will include talks with authorities in other countries. It’s likely that more regulation is coming.

On the other side of the Atlantic, the US has expressed concerns about risks related to cryptocurrencies and stablecoins. In a report by the Financial Stability Oversight Council report, concerns were outlined that stablecoins might not be fully backed or truly pegged to the US dollar — the two principal advantages stablecoins claim to have. There were also concerns that decentralized finance could pose risks.