“I like … the additional objective of ensuring the return or transfer of funds because not only does it give added confidence to consumers by directly mitigating their risk, it would also act as a catalyst to increase the adoption of crypto as a means of payment,” said Asim Arshad, a senior associate at Mackrell Solicitors, a London based law firm, in an interview with CoinDesk.
Source: https://www.coindesk.com/policy/2023/03/29/what-the-bank-of-englands-stablecoins-regime-could-look-like/?utm_medium=referral&utm_source=rss&utm_campaign=headlines