Lord Ranger, Co-Chair of the All-Party Parliamentary Group on Digital Markets and Digital Money, emphasized the need for the Bank of England to balance caution with innovation in the digital assets sector. Following an evidence session with the Bank, Ranger noted the institution's willingness to engage with feedback on systemic stablecoins and the digital pound, highlighting the importance of structured stablecoins for faster, cheaper payments while acknowledging potential risks to financial stability. Ranger stressed the urgency for the UK to establish clear regulatory frameworks that enable innovation without compromising stability. He pointed out the mixed industry sentiment towards the Digital Securities Sandbox, urging it to evolve from a testing environment to a bridge for real-world application. Ranger concluded that the UK must act decisively to lead in digital finance, ensuring regulatory clarity and competitiveness in a rapidly evolving global market.