Coin World News reports that the Bank of England stated at the London City Week conference in 2026 that it plans to accelerate the UK's tokenized financial infrastructure while continuing to advance stablecoin regulations and the potential digital pound. Sarah Breeden of the Bank of England said that future UK retail payments should support the coexistence of multiple digital currencies, including tokenized bank deposits, regulated stablecoins, and possibly retail central bank digital currencies. Breeden pointed out that distributed ledger technology can reduce payment costs and dependence on intermediaries, while smart contracts may enable automation and conditional payments within the retail financial system. She added that the Bank of England plans to release draft rules for systemic stablecoins next month and finalize the framework later this year.

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GateUser-d2b4d9c6
· 6h ago
The Bank of England's approach is much more pragmatic than the ECB's.
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GateUser-78b4adc8
· 8h ago
How much of the dividend can end users ultimately receive when payment costs are reduced
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MorningGoldAsWavesCrashAgainst
· 15h ago
2026 London City Week sets the tone, the UK doesn't want to fall behind in the tokenization wave
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LanternSlippage
· 15h ago
The Bank of England has finally figured it out; DLT cost reduction and efficiency improvement are not empty words.
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RugCheckSkeptic
· 15h ago
Next month, the draft for systemic stablecoins is worth paying attention to.
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GateUser-634ae966
· 15h ago
Reducing reliance on intermediaries — this phrase translates to banks stealing their own jobs.
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CandleAfterTheRain
· 15h ago
Tokenized deposits + stablecoins + digital pound advancing together on three fronts, the UK is playing a big game.
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ToBeHonest,You'llLose
· 16h ago
Working together sounds great, but how is interoperability addressed?
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MorningLightInAGlassBottle
· 16h ago
Smart contract automated payments, retail finance is about to change drastically
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ThereIsAChainInTheReflection.
· 16h ago
Sarah Breeden's words are quite straightforward; coexistence of multiple forms is better than a one-size-fits-all approach.
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