EY has advised banks to adjust their regulatory perimeter in p | Bullets
EY has advised banks to adjust their regulatory perimeter in preparation for the upcoming releases of state-backed central bank digital currencies (CBDCs) and private stablecoins.
EY's Global Regulatory Outlook for 2022 states: "If customers can keep their money with a central bank, they do not need a retail bank, and firms will see their interest rate margins contract precipitously."
