The paper highlights the potential for a sterling stablecoin to deliver economic benefits and create opportunities for business, but warns against the potential “disintermediation of the banking sector”
The coalition is comprised of firms that publicly endorse the Token Transparency Framework market disclosures, which provide standardised datasets for every digital asset
Under the shared vision, the UK regulatory bodies identified key areas where firms required greater clarity from feedback, including prudential treatment, tokenised collateral, settlement instruments
The firm’s Cypriot subsidiary has been duly authorised to operate in the EU and will act as the group’s hub for investment services in the region’s markets
The FCA’s latest guidance proposes rules for the introduction of a direct dealing model for authorised funds to encourage fund efficiency and assist tokenisation models