BOE looking at alternatives to stablecoin rules, Breeden tells FT
BOE looking at alternatives to stablecoin rules, Breeden tells FT
ReutersThu, May 14, 2026 at 4:25 AM UTC
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The Bank of England building and the west facade of the Royal Exchange, on the day of the Monetary Policy Report press conference, in London, Britain, November 6, 2025. REUTERS/Maja Smiejkowska
May 14 (Reuters) - The Bank of England was "looking very hard" at alternatives to its proposed rules to regulate stablecoins, Deputy Governor Sarah Breeden told the Financial Times in an interview published on Thursday.
"What we have heard from industry is that the way we have proposed to implement limits is cumbersome operationally for a temporary measure," Breeden said.
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"So we are genuinely open to thinking whether there are other ways of achieving our objective."
(Reporting by Ananya Palyekar in Bengaluru; Editing by Clarence Fernandez)
Source: “AOL Breaking”
