THE Bank of England told lenders on Monday (Nov 6) that they must avoid any risk that customers might confuse new forms of e-money, including ‘stablecoins’, with standard deposits which are guaranteed against bank failures.
THE Bank of England told lenders on Monday (Nov 6) that they must avoid any risk that customers might confuse new forms of e-money, including ‘stablecoins’, with standard deposits which are guaranteed against bank failures.