UK Gives Bank of England New Stablecoin Innovation Mandate
The U.K. government plans to give the Bank of England a new secondary objective to support innovation in payments, including stablecoins and other forms of digital settlement. Financial stability will remain the central bank’s primary mandate. Lucy Rigby Backs New Bank of England Mandate for Digital Finance The U.K. is moving to give the Bank […]
Key Takeaways
- government plans to give the Bank of England a new secondary objective to support innovation in payments, including stablecoins and other forms of digital settlement.
- Financial stability will remain the central bank’s primary mandate.
- Lucy Rigby Backs New Bank of England Mandate for Digital Finance The U.K.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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