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City AM
City AM
By Darren Parkin Can effective regulation make cryptoassets and stablecoins useful? This was the question posed to a panel I was part of at a Bank of England research conference last month. The answer is in the question. Had the question been ‘can regulation, rather than ‘effective’ regulation make cryptoassets and stablecoins useful’? – then I think the answer would have been yes or no – depending on the detail. But as it was – can effective regulation make crypto assets and stablecoins useful? – then I think the answer has to be yes. Not that this is an easy task. The government and regulato…