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Bank of England seeks to ‘build trust’ in stablecoins
The Bank of England said Monday it aims to “build trust” in stablecoins in the U.K., which would be pegged to the pound under proposed national rules for the cryptocurrency. The value of most stablecoins -- a form of digital currency linked to real-world money -- is kept steady by being linked overwhelmingly to the dollar. Britain wants to introduce rules in 2026 on sterling-backed stablecoins. The Bank of England “proposals mark a pivotal step towards implementing the UK’s stablecoin regime next year,” Sarah Breeden, BoE deputy governor for financial stability, said in a statement. “Our objective remains ... (full story)
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The Bank of England’s core mission is to promote the good of the people of the UK by maintaining monetary and financial stability. Trust in money is a critical part of that mission, and it has never been more relevant than now. As innovation in money and payments accelerates, including through the growth of stablecoins, it is our job to ensure that the ...
From channelnewsasia.com | Nov 10, 2025
Brazil's central bank on Monday released long-awaited rules for trading virtual assets, including cryptocurrencies, that will extend existing rules against money laundering and terrorism financing to virtual-asset service providers. Latin America's largest economy approved a legal framework for cryptocurrencies in 2022, but its rollout hinged on ...
All money left over from the $2000 payments made to low and middle income USA Citizens, from the massive Tariff Income pouring into our Country from foreign countries, which will be substantial, will be used to SUBSTANTIALLY PAY DOWN NATIONAL DEBT. Thank you for your attention to this matter! President DJT
