S&P 5007,675.70▼0.0% Nasdaq26,130.20▼0.1% Dow53,463.88▼0.2% Russell 2K3,005.90▼0.1% 10-Yr4.66%+3bp VIX15.21−0.24 WTI$81.58▼0.9% Gold$4,666.20▲0.6% EUR/USD1.166▼0.1% BTC$79,985▲1.2% Nikkei66,212▼0.1%
At close · Thu, Aug 27, 2026
Daily Market Updates.

Crypto

Home›Crypto›Regulation›Bank of England gains legal duty to support stablecoin…

Bank of England gains legal duty to support stablecoin innovation

The duty is embedded in a bill due before the House of Lords in September, while financial stability remains the Bank of England’s primary objective.

Reported · Written up by our desk · Regulation

The Bank of England has been given a new legal duty focused on fostering stablecoin innovation, according to Decrypt.

The update is set to be written into a bill scheduled to be brought before the House of Lords in September, and it preserves financial stability as the central objective, the outlet said.

← Newer storyTownhouse broker Matthew Lesser has advised over $2.5 billion in deals

More like this

CryptoWorld Liberty’s trust bank venture gets preliminary federal approval
CryptoNew World Liberty crypto bank backed by Abu Dhabi sheikh
CryptoConnecticut expands legal fight with Kalshi over prediction market betting
CryptoPolish Olympic Committee president detained in ZondaCrypto bribery probe
CryptoPolish Olympic chief arrested in probe tied to crypto exchange bribes

Sources

DecryptBank of England Handed New Legal Duty to Foster Stablecoin Innovation

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.