RWATimes on Nostr: 📰 Bank of England Proposes New Stablecoin Innovation Mandate 🗓️ Aug 27 2026 ...

📰 Bank of England Proposes New Stablecoin Innovation Mandate
🗓️ Aug 27 2026 13:55 UTC

The UK government is proposing to give the Bank of England a secondary mandate focused on innovation in digital payments, explicitly covering payment systems that rely on “digital settlement assets” such as stablecoins. The move, announced by HM Treasury on Thursday, keeps financ...

➤ The UK government is proposing to grant the Bank of England a secondary mandate focused on innovation in digital payments, specifically including stablecoins.
➤ This move aims to foster experimentation in digital money while maintaining financial stability as the primary objective, with annual parliamentary reporting on progress.
➤ The proposal is set to be integrated into the Financial Services and Markets Bill, potentially influencing stablecoin issuer requirements and cross-border finance initiatives.

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🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-bank-of-england-proposes-new-stablecoin-innovation-mandate-474994927