Britain is planning to give the Bank of England a new objective tied to stablecoins, according to CoinDesk. The proposal would not replace the central bank’s existing top-line mandate: financial stability would remain its primary duty. The plan also includes annual reporting to Parliament on the new objective. The available source text is brief and does not provide further details on scope, timing beyond the report date, or how the objective would be implemented.
Britain is planning a new Bank of England objective related to stablecoins. Financial stability would remain the central bank’s primary duty.
The plan also includes annual reports to Parliament on the new objective.
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