Bank of England Unveils New Stablecoin Regulatory Regime

The Bank of England is set to unveil its new regulatory framework for stablecoins, following a consultation in London on November 10th. This move aligns with U.S. standards and focuses on systemic stablecoins used across major financial markets. Key aspects include enabling access to liquidity facilities for issuers and potential investments in short-term UK government debt. These changes aim to enhance institutional interest in stablecoins, potentially impacting market liquidity and the integration of digital assets within the UK’s financial infrastructure.