Source text: The Bank of England is set to prioritize the development of a systemic stablecoin framework and tokenized collateral policies in 2026. This initiative aims to clarify regulations under the UK's EMIR framework and expand the digital securities sandbox. Sasha Mills, Executive Director for Financial Market Infrastructure, emphasized that these efforts will significantly influence the future of digital finance in the UK.
The proposed stablecoin framework will allow systemic issuers access to Bank of England deposit accounts and potential liquidity support. The backing structure for these stablecoins will include 60% short-term UK government bonds and 40% Bank of England deposits. Temporary holding limits are proposed at £20,000 for individuals and £10 million for businesses. The Bank plans to finalize the framework by year-end and extend the digital securities sandbox to test wholesale settlement for regulated stablecoins.
Target language code: de
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Bank of England entwickelt 2026 einen systemischen Stablecoin-Rahmen
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