The financial institution mentioned it should work with the Treasury, Funds Techniques Regulator and the Monetary Conduct Authority to additionally make sure the singleness of cash is maintained even when stablecoins are concerned. That’s, ensuring all types of cash – money, financial institution deposits and so forth – are interchangeable with one another.
Bank of England (BOE) Says It Wants to Carry Out a Series of WCBDC, DLT and Stablecoin Experiments
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