Bank of England deputy suggests tokenization to lower expenses, enhance competition. UK central bank supports stablecoin reforms and 24/7 settlements amid rising interest.

Unusual Whales
2026.05.19 17:14
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The Bank of England is considering reforms for stablecoins to enhance trust and interoperability in digital currency. It is also exploring near-24/7 settlement options to improve tokenized markets, aiming to boost the reliability and efficiency of digital financial transactions in the UK.