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Bank of England “Well Advanced” in Stablecoin Regulation - Markets Media
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Bank of England “Well Advanced” in Stablecoin Regulation - Markets Media
Sasha Mills, executive director of financial market infrastructure at Bank of England, said the UK central bank is well advanced in developing the detailed regulatory framework for stablecoins. A stablecoin is a type of cryptocurrency which aims to maintain a stable value by being pegged to another asset, typically the U.S. dollar. Mills gave a keynote speech at AFME’s Operations, Post-Trade, Technology & Innovation conference (OPTIC) conference…
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