Bank of England Proposes Regulation of Stablecoin Use As Payment Means

BoE says 'stablecoin' payments need same rules as banks

BoE says 'stablecoin' payments need same rules as banksThe Bank of England (BoE) stated that stablecoin payments should receive the same regulations as bank payments, if the former gains widespread adoption.  BoE Says Stablecoin Regulatory Framework Necessary in the UK According to Reuters on Monday (June 7, 2021), the BoE in a Discussion Paper, said that it was important to establish regulatory policies

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