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Bank of England consults on regulating systemic stablecoins

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On 10 November 2025, the Bank of England (BoE) published a consultation paper on its proposed regulatory regime for sterling-denominated systemic stablecoins. Introduction – The BoE published on 10 November 2025 a consultation paper proposing a regulatory framework for sterling-denominated systemic stablecoins – digital money designed to maintain stable value that could be used for retail payments and as settlement assets in core wholesale financial markets….
By: White & Case LLP

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