Bank of England Prioritizes Stablecoins and Tokenization for UK’s Digital Finance Future
The Bank of England has unveiled its roadmap for 2026, placing stablecoins and tokenization at the forefront of the UK's digital financial evolution. Executive director Sasha Mills emphasized the transformative potential of these technologies during her keynote at London's Tokenisation Summit.
Systemic stablecoins, tokenized collateral, and the Digital Securities Sandbox FORM the triad of innovation targets. "We're building holistic digital markets that deliver real economic benefits," Mills stated, framing the initiative as a public-private imperative.
The regulatory approach will involve close collaboration with the FCA, leveraging the DSS to test stablecoin applications. Policy clarifications on tokenized collateral under UK EMIR rules are forthcoming—a MOVE expected to catalyze institutional adoption.
