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BOE Cunliffe:It will not be possible to give stable and holders protection against failure

BOE Deputy Gov. Cunliffe on stablecoin:Any systemic stablecoins in the UK will need to be backed with high quality and liquid assetsIt will not be possible initially at least to give a stablecoin holders industry funded protection against the failure of the coin.There may need to be limits at start of stablecoins used for paymentsFor what it's worth. This article was written by Greg Michalowski at www.forexlive.com... Read More

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Posted: Apr 17 2023, 13:09

Author Name: forexlive

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