Bank of England Calls for US-UK Coordination on Stablecoin Rules

The Bank of England is urging the United States and the UK to align their approaches to regulating stablecoins. In a statement, Deputy Governor Briden emphasized that consistent regulatory frameworks across major economies are crucial for maintaining stability and preventing regulatory arbitrage as digital assets continue evolving. These comments follow ongoing efforts by both countries to integrate stablecoins into their financial systems while facing growing global scrutiny of these instruments.