Policy
UK to Give Bank of England Formal Mandate to Support Stablecoins and Digital Money
CoinGape·August 27, 2026·1 min read
The UK government will give the Bank of England a formal mandate to support stablecoins and digital money, adding a secondary statutory objective to drive innovation in payment systems. Announced on August 27, 2026, financial stability remains the primary duty, but the regulator now has legal backing for digital currency.
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