Bank of England Remains Focused on Systemic Stablecoin Regime
The UK central bank has released a consultation response on systemic stablecoins, suggesting that it remains committed to a systemic stablecoin regime. On Tuesday, the Bank of England (BoE) released the "Payments Regulat...
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On Tuesday, the Bank of England (BoE) released the "Payments Regulation and the Systemic Perimeter" framework, which agreed on co-supervision arrangements by the BoE and Financial Conduct Authority (FCA).
The BoE will lead on prudential matters, ensuring the stability of financial systems. The FCA will lead on conduct....
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