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Nick Jones, Founder and CEO of Zumo, says the proposals signal intent to help UK firms enter the stablecoin market.
“ The Bank of England is finally signalling its intent to help UK firms start making more inroads into this exciting growth market,” Nick says.
He notes the central bank’ s proposal to offer issuers direct accounts represents a unique approach compared to EU and US regimes.
“ The Bank of England is finally signalling its intent to help UK firms enter the stablecoin market”
Nick Jones, CEO, Zumo