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The Bank of England is preparing rules for stablecoins


September, 03 2025
watermark Economic news

Sarah Breeden, Deputy Governor of the Bank of England, said that stablecoins can become an important tool for speeding up and reducing the cost of cross-border transfers.


Speaking in London, she stressed that the world is moving towards a «multi-currency system» where there will be a place for digital stable assets. According to her, stablecoins are gradually moving beyond the crypto market and becoming part of the mainstream.


Breeden noted that the safe implementation of such tools will not only improve the efficiency of international settlements, but also support the development of tokenized securities trading.


The Bank of England is preparing its own regulatory framework, while drawing on the experience and legislative initiatives of the United States aimed at integrating stablecoins into the financial system.



    






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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.