Earlier this year, the Financial Stability Board authored a paper on stablecoins: 'Addressing the regulatory, supervisory and oversight challenges raised by 'global stablecoin' arrangements'.
Here at Fnality International, we were pleased to see Christina Segal-Knowles, Executive Director, Market Infrastructure Directorate at the Bank of England address the challenges and opportunities in payments post Covid on 11th June 2020. The key points that we take from the speech are as follows:
Solving for on-chain payment in wholesale banking
Do we need to change thinking on value-date i.e. the date on which a transaction actually takes place? We’d love to hear your views.