BIS and BoE plan to regulate stablecoin balance sheets

Odaily News The Bank for International Settlements (BIS) and the Bank of England (BoE) said they have been able to prove that the balance sheets of asset-referenced stablecoins are regulated. It is reported that the Pyxtrial project has developed a prototype data analysis pipeline that can provide regulators with near real-time data on stablecoin liabilities and their supporting assets. The Bank for International Settlements said that the Pyxtrial project also has the potential to monitor tokenized products backed by real-world assets. (Coindesk)