The Bank of England plans to publish draft rules for systemic stablecoins next month and finalize them by year-end, while it may set tempor…
The Bank of England plans to publish draft rules for systemic stablecoins next month and finalize them by year-end, while it may set temporary limits on total stablecoin issuance to mitigate early risks.
Bank of England Deputy Governor for Financial Stability Sarah Breeden said at London’s City Week 2026 that the central bank’s future strategy will focus on tokenization to modernize UK finance. She said the future retail payment system should include interchangeable forms of money, including tokenized deposits, regulated stablecoins and a potential retail CBDC.
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