Luke Clancy is the London-based editor-at-large for Risk.net. Over the past 20 years spent in financial journalism, his previous positions have included: supplements editor, Risk magazine; editor of Hedge Funds Review, ETF Risk and Custody Risk (all formerly published by Incisive Media (now Infopro Digital)); senior investment writer, Investment Week (published by Incisive Media); deputy editor, Global Investor (Euromoney); managing editor, Engaged Investor and Pensions Insight (Newsquest Specialist Media); editor, World Mining Stocks (Aspermont UK); editor, Global Pensions and deputy editor, Professional Pensions (MSM International); online editor, Private Wealth Advisor and Offshore Red (Camden Publishing).
Collateral used to back ‘stablecoins’ such as libra will be unavailable for reuse
But current global standards fit for purpose to underpin digital assets
Restrictions on primary dealers undermine T2S efficiencies, market sources say