Systemic stablecoins may not need ‘bank-style’ resolution – BoE

Bank of England
Bank of England
Photo: Juno Snowdon Photography

Systemically important stablecoins are likely to be regulated under a “tailored” regulatory regime, where they are issued by non-banks, the Bank of England says.

The BoE and UK Treasury are currently developing a regulatory regime for non-banks, including stablecoins. The tokenised assets have similarities to some other non-banks, such as money market funds.

Following its meeting on March 24, the BoE’s financial policy committee (FPC) said a stablecoin might not necessarily need a “bank-style”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: