The Bank of England plans to implement stablecoin regulatory rules by the end of 2026.
ChainCatcher news, according to Bloomberg, the Bank of England will launch a stablecoin regulatory consultation on November 10, aiming to establish a comprehensive regulatory framework by the end of 2026.
The new regulations will be closely aligned with US rules, with a focus on bonds supporting digital assets. This move aims to address financial stability risks arising from the proliferation of digital currencies, but it is reported that the issue has already caused tensions between the central bank and the government.
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