BIS, Bank of England Introduce a New Tool to Track Stablecoin Reserves

The Bank for International Settlements (BIS) and the Bank of England are running a project that allows the tracking of stablecoin reserves in real-time.  UK financial watchdogs are seeking better oversight of the crypto space, with a special interest in stablecoins, which remain a contentious sector in the industry. UK Financial Authorities Unveil Pyxtrial For Better... source: https://beincrypto.com/uk-stablecoin-tracking-with-pyxtrial/