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Monument Bank delays retail tokenized deposits, cites regulatory issues in the UK

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Importance 34Neutral* Trust 85 · 1 source2.0Market Impact: 2.0/10 · Low
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Monument Bank delays retail tokenized deposits, cites regulatory issues in the UK

The London-based challenger bank tapped a Canadian custodian to meet the Financial Conduct Authority’s regulatory requirements. It now expects to roll out retail tokenized deposits by November.

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