Bank of England Navigates Competing Visions for Digital Money

The Bank of England shapes U.K. policy on stablecoins, CBDCs, and tokenized deposits. | Credit: Joaquin Carfagna / pexels. Key Takeaways The Bank of England is involved in ongoing debates over the future of digital money. Central bank policy shapes the U.K.’s approach to stablecoins, CBDCs, and tokenized deposits. Efforts to mitigate stablecoin risks include a proposed cap on holdings. Like many of its peers around the world, the Bank of England (BoE) is navigating a complex and at times polarizin ...