UK Proposes Bank of England Payments Innovation Objective
The UK plans a secondary Bank of England objective for innovation in systemic payment systems, including those using stablecoins.
Tag: Bank of England
Bank of England Lab Tests Stablecoin and Digital Pound Settlement
A Digital Pound Lab experiment is testing whether stablecoin and simulated digital-pound legs can be coordinated in one cross-border trade-finance flow.
UK Board Opens Consultation on Next-Generation Retail Payments
The UK Retail Payments Infrastructure Board is seeking input on a next-generation platform spanning account-to-account, cross-border and digital-money payments.
Bank of England Replaces Stablecoin Holding Limits With £40bn Issuance Guardrail
The Bank of England dropped proposed individual and business holding limits for systemic stablecoins, replacing them with a temporary £40 billion issuance guardrail per product.