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“There is nothing so stable as change”: is the Treasury’s proposed new special administration regime for stablecoin and other systemic DSA firms a change in the right direction?
In this article, the authors discuss HM Treasury’s proposal for the introduction of a special administration regime for systemic digital settlement asset (DSA) firms through the application of the existing Financial Market Infrastructure SAR and the Payment and E-Money SAR.
1 OCT 2022
