CentBit.Online – Crypto & Blockchain Expert, Bangladesh
The Bank of England (BoE) has called for tighter regulations on stablecoins, emphasizing the need to ensure financial stability as digital currencies become increasingly integrated into the global economy.
In a new policy statement, the central bank warned that unregulated stablecoins could pose “systemic risks” if widely adopted for payments or savings without proper oversight.
“Stablecoins must meet the same standards of resilience, transparency, and trust as traditional forms of money,” the BoE said, highlighting concerns around liquidity, reserves, and operational security.
The bank also urged lawmakers to accelerate the implementation of a clear regulatory framework that defines how stablecoin issuers should operate within the UK’s financial system.
This announcement comes as several major financial institutions and payment providers explore launching GBP-pegged stablecoins, and as global regulators — including the EU and US — push forward with their own crypto regulatory standards.
Experts say the BoE’s stance reflects a growing international consensus that stablecoins could transform payments, but only if they are safely integrated under strict oversight.
