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Market19 HOURS AGO

Monument Bank delays retail tokenized deposits while onboarding custody partner

Compiled by KoinLens from 1 source

Importance 26Neutral* Trust 85 · 1 source1.5Market Impact: 1.5/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
Monument Bank delays retail tokenized deposits while onboarding custody partner

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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