UK central bank plans to implement stablecoin regulations by end of 2026

TechFlow, October 18 — According to Bloomberg, the Bank of England will launch a consultation on stablecoin regulation on November 10, aiming to establish a complete regulatory framework by the end of 2026. The new rules will closely align with those in the United States, focusing on bonds backing digital assets. The move aims to address financial stability risks posed by the spread of digital currencies, although it is said to have triggered tensions between the central bank and the government.