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Bank of England's Stablecoin Ruling Targets Financial Stability, Exec Says

Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.

“It doesn’t matter what technology you are using," said BoE exec Christina Segal-Knowles. "Same risk, same regulation.” Image via Shutterstock
“It doesn’t matter what technology you are using," said BoE exec Christina Segal-Knowles. "Same risk, same regulation.” Image via Shutterstock