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UK Gives Bank of England New Stablecoin Innovation Mandate
The U.K. government plans to give the Bank of England a new secondary objective to support innovation in payments, including stablecoins.
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cryptobriefing.com
UK government ministers urge Bank of England to enhance digital currency innovation
UK government ministers are pressuring the Bank of England to accelerate digital currency innovation as a critical digital pound decision
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coindesk.com
Britain plans new Bank of England objective for stablecoins
Financial stability would remain its primary duty, with annual reports to Parliament on the new objective being planned.
