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UK payments regulation must work for different forms of money, BOE deputy says

( September 3, 2025, 08:51 GMT | Official Statement) -- MLex Summary: UK regulatory standards for different forms of money, such as central bank money, tokenised commercial bank deposits or stablecoins, will need to be "compatible" as Britain is moving toward a "multi-money" ecosystem, the deputy governor for financial stability at the Bank of England, Sarah Breeden, said today. "Both the hard, technical infrastructure and the soft infrastructure such as regulatory standards will need to be harmonized – or at least compatible – across different forms of money allowing them to be freely and frictionlessly exchanged at par," she said.Speech is attached....

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