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Bank of England News

Latest Bank of England News

Fed backs stablecoins as BoE says tokenized deposits may win in 5 years
News
Read more - Fed backs stablecoins as BoE says tokenized deposits may win in 5 years

Fed backs stablecoins as BoE says tokenized deposits may win in 5 years

Fed’s Waller backed stablecoins as payment tools, while BoE’s Greene said tokenized deposits may overtake them within five years in banking.
Bank of England says tokenized deposits and stablecoins belong in UK payments - 1
News
Read more - Bank of England says tokenized deposits and stablecoins belong in UK payments

Bank of England says tokenized deposits and stablecoins belong in UK payments

The Bank of England has outlined plans to accelerate tokenized finance infrastructure in the UK while continuing work on stablecoin rules, tokenized deposits, and a potential digital pound. Speaking during London’s City Week 2026 conference on Tuesday, Sarah Breeden said…
UK regulators open tokenized markets push as 16 firms test live assets - 2
News
Read more - UK regulators open tokenized markets push as 16 firms test live assets

UK regulators open tokenized markets push as 16 firms test live assets

UK regulators opened feedback on tokenized wholesale markets as 16 firms test live asset issuance and settlement in a sandbox program.
Bank of England weighs softer rules for UK stablecoin issuers - 3
News
Read more - Bank of England weighs softer rules for UK stablecoin issuers

Bank of England weighs softer rules for UK stablecoin issuers

The article was updated with comments from Marcos Viriato. The Bank of England has begun reconsidering parts of its proposed stablecoin framework after digital asset firms warned that strict reserve rules and ownership caps could make pound-backed tokens difficult to…
Bank of England’s Andrew Bailey warns stablecoin oversight may become flashpoint with U.S. - 4
News
Read more - Bank of England’s Andrew Bailey warns stablecoin oversight may become flashpoint with U.S.

Bank of England’s Andrew Bailey warns stablecoin oversight may become flashpoint with U.S.

Bank of England Governor Andrew Bailey has warned that international regulators could face a difficult confrontation with the United States over how stablecoins should be governed across global payment systems. According to Reuters, Bailey said at a conference on Friday…
Softening stablecoin stance could rattle UK credit markets, BoE deputy warns.
News
Read more - Softening stablecoin stance could rattle UK credit markets, BoE deputy warns

Softening stablecoin stance could rattle UK credit markets, BoE deputy warns

If the UK softens its stance towards stablecoins, it could pose risks to financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden, who has recently defended the central bank’s proposed holding limits…
Bank of England to limit stablecoin holdings to £20,000
News
Read more - Bank of England to limit stablecoin holdings to £20,000

Bank of England to limit stablecoin holdings to £20,000

The Bank of England has included a £20,000 limit on individual holdings and a £10 million cap on corporate stablecoin holdings as part of its upcoming framework. On Nov. 10, the central bank published a consultation paper that outlines the…
Bank of England defends stablecoin caps.
News
Read more - Bank of England defends stablecoin caps as a temporary measure to ensure stability

Bank of England defends stablecoin caps as a temporary measure to ensure stability

The Bank of England’s proposed restrictions for stablecoins will be temporary, according to Deputy Governor Sarah Breeden, who has clarified that the central bank is simply concerned about the potential impact on the country’s financial system. Speaking at the DC…
Bank of England to maintain stablecoin caps.
News
Read more - UK stablecoin caps to stay until systemic risks fade

UK stablecoin caps to stay until systemic risks fade

The Bank of England won’t lift its proposed stablecoin holding limits until it’s confident a flood of bank deposits into digital assets won’t threaten lending to the real economy, Reuters reported. According to a Reuters report on Oct. 15, the…
BoE, stablecoin, regulation
Follow-up
Read more - ‘This is absurd:’ Crypto community pushes back as Bank of England proposes stablecoin caps

‘This is absurd:’ Crypto community pushes back as Bank of England proposes stablecoin caps

UK regulators propose caps on stablecoin ownership to protect financial stability. The crypto industry criticizes the plan as costly, unnecessary, and counterproductive, to say the least. The Bank of England‘s plan to impose strict limits on stablecoin ownership reportedly drew…
Stablecoins dominate, Bank of England considers halting digital pound plans: report
News
Read more - Stablecoins dominate, Bank of England considers halting digital pound plans: report

Stablecoins dominate, Bank of England considers halting digital pound plans: report

The Bank of England is considering halting plans to create a digital pound as the global focus shifts to stablecoins. Though, the final decision has remained undecided. According to a recent Bloomberg report, the Bank of England has seen its…
Bank of England Governor casts doubt on the case for retail CBDC
News
Read more - Bank of England Governor casts doubt on the case for retail CBDC

Bank of England Governor casts doubt on the case for retail CBDC

BOE Governor has cast doubt on the case for a digital pound for consumers, questioning its necessity even as the central bank moves ahead with developing a wholesale version for use between financial institutions. Bank of England Governor Andrew Bailey…
Bitcoin BTC Bitcoin
Bank of England’s crypto skeptic Andrew Bailey to lead global bank regulator group
Feature
Read more - Bank of England’s crypto skeptic Andrew Bailey to lead global bank regulator group

Bank of England’s crypto skeptic Andrew Bailey to lead global bank regulator group

Andrew Bailey, a long-time skeptic of crypto, has been unanimously selected to lead an international body that monitors the global financial system. Bank of England Governor Andrew Bailey — known for his cautious, often skeptical views on crypto — is…
Bitcoin BTC Bitcoin
Ex-Bank of England economist blasts digital pound as costly, useless project
News
Read more - Ex-Bank of England economist blasts digital pound as costly, useless project

Ex-Bank of England economist blasts digital pound as costly, useless project

A former Bank of England economist says there is “no customer demand” for the digital pound, calling it a costly project with unclear benefits. Ex-Bank of England economist appears to be highly critical of the digital pound initiative, saying it…
Bank of England’s PRA asks firms to disclose crypto investments
News
Read more - Bank of England’s PRA asks firms to disclose crypto investments

Bank of England’s PRA asks firms to disclose crypto investments

The Bank of England’s Prudential Regulation Authority has issued a data request asking firms to disclose their current and planned exposures to “cryptoassets.” The statement requested firms to disclose their current and expected future “cryptoasset exposures” and to explain their…
Bank of England studies ZK-proofs to enhance user privacy for digital pound
News
Read more - Bank of England studies ZK-proofs to enhance user privacy for digital pound

Bank of England studies ZK-proofs to enhance user privacy for digital pound

New research from the Bank of England suggests that emerging privacy technologies such as zero-knowledge proofs could enhance user control over data in a digital pound. The Bank of England has suggested that zero-knowledge proofs and other privacy-enhancing technologies —…
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