Basel’s Crypto Capital Plan Could Boast Banks’ Interest in Stablecoin

June 21, 2021

Banking & Financial Services leader Stephen T. Gannon is quoted in an American Banker article regarding a regulatory framework for financial institutions’ use of digital money. Says Gannon, "I think (the regulators) believe that innovation is obviously necessary, and they are not going to stand in the way, but at the same time, they have to be concerned about the safety and soundness of the banking system."

Read more here: https://www.americanbanker.com/news/basels-crypto-capital-plan-could-boost-banks-interest-in-stablecoins.