The Bank of England invites feedback on its proposed stablecoin framework, with the aim of finalizing the rules in the second half of 2026. The United Kingdom’s central bank is moving toward stablecoin regulation by publishing a consultation paper proposing a regulatory framework for the asset class.The Bank of England (BoE) on Monday released a proposed regulatory regime for sterling-denominated “systemic stablecoins,” or tokens it said are widely used in payments and therefore potentially pose risks to the UK financial stability.Under the proposal, the central bank would require stablecoin issuers to back at least 40% of their liabilities with unremunerated deposits at the BoE, while allowing up to 60% in short-term UK government debt.Read more The Bank of England invites feedback on its proposed stablecoin framework, with the aim of finalizing the rules in the second half of 2026. The United Kingdom’s central bank is moving toward stablecoin regulation by publishing a consultation paper proposing a regulatory framework for the asset class.The Bank of England (BoE) on Monday released a proposed regulatory regime for sterling-denominated “systemic stablecoins,” or tokens it said are widely used in payments and therefore potentially pose risks to the UK financial stability.Under the proposal, the central bank would require stablecoin issuers to back at least 40% of their liabilities with unremunerated deposits at the BoE, while allowing up to 60% in short-term UK government debt.Read more

Bank of England launches stablecoin consultation, plans final rules in 2026

2025/11/10 18:13

The Bank of England invites feedback on its proposed stablecoin framework, with the aim of finalizing the rules in the second half of 2026.

The United Kingdom’s central bank is moving toward stablecoin regulation by publishing a consultation paper proposing a regulatory framework for the asset class.

The Bank of England (BoE) on Monday released a proposed regulatory regime for sterling-denominated “systemic stablecoins,” or tokens it said are widely used in payments and therefore potentially pose risks to the UK financial stability.

Under the proposal, the central bank would require stablecoin issuers to back at least 40% of their liabilities with unremunerated deposits at the BoE, while allowing up to 60% in short-term UK government debt.

Read more

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Smart Contracts on XRP Ledger, Here’s Why It Is a Good Idea

Smart Contracts on XRP Ledger, Here’s Why It Is a Good Idea

XRPL introduces native smart contracts, expanding decentralized app development possibilities. WrathofKahneman supports XRPL programmability, citing efficiency and institutional adoption. New “Smart Escrows” feature to launch in early 2026. Blockchain analyst WrathofKahneman recently shared his changed stance on the integration of smart contracts into the XRPL. According to him, adding programmability can strengthen the network’s institutional appeal while maintaining its speed and simplicity. He emphasized that smart contracts could shift operational responsibility from validators to developers, allowing the ledger to stay stable and efficient. According to WrathofKahneman, institutions currently rebuild coordination systems off-ledger, which increases cost and slows adoption. Smart contracts, he explained, would simplify institutional workflows by enabling logic to exist directly within the ledger. Consequently, this shift could lower barriers to entry and encourage faster enterprise adoption. How Smart Contracts Could Transform Ripple’s Role and the XRPL Ecosystem He further pointed out that this development could reduce Ripple’s influence over the XRPL. By allowing developers to innovate independently, the network could become more decentralized and adaptable. Kahneman stressed that programmability should be minimal yet effective, preserving the XRPL’s core advantage of fast and reliable value transfer. Also Read: XRP Dream Scenario: This Pattern Could Push XRP to $10+ I have long been opposed to smart contracts on the #XRPL, preferring its speed & simplicity of form. Recently, my opinion has changed & I'd like to share why. You may think differently. I'd love to hear it. Here are my thoughts:/9 — WrathofKahneman (@WKahneman) November 10, 2025 According to him, the WASM-based framework already under consideration could achieve this balance by providing sandboxed, deterministic smart contract execution. This structure would allow institutions to build customized solutions without altering the ledger’s foundation, ensuring stability and high performance. New Phase for XRP Ledger Development The latest update marks the first time the XRP Ledger has introduced native Layer-1 smart contract capabilities, merging Ethereum-style functionality with XRPL’s unique transaction system. Developers can now create decentralized applications directly on the ledger, expanding beyond traditional token use. According to Angell, this advancement allows developers to access XRPL’s core features without UNL approval, offering greater flexibility and execution efficiency. The new framework includes multi-language support, on-chain ABIs, and enables diverse applications such as DeFi derivatives, staking tokens, and NFT marketplaces. The first smart contract extension, called “Smart Escrows,” is expected to debut in the first quarter of 2026. Also Read: XRP This Week, Here’s What Could Happen The post Smart Contracts on XRP Ledger, Here’s Why It Is a Good Idea appeared first on 36Crypto.
Share
Coinstats2025/11/10 19:21