This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Bank of England warns of risk of increasing UK stablecoin activity

By Phoebe Seers ( April 9, 2025, 12:43 GMT | Insight) -- The Bank of England has warned that growing use of sterling denominated stablecoins with low quality backing assets could have implications for the UK financial system. A BOE committee dedicated to improving financial stability said that in the past year, both unbacked cryptoasset and stablecoin markets had increased in both size and activity and interconnectedness with the financial system continues to grow.The Bank of England has warned that growing use of sterling denominated stablecoins with low quality backing assets could have implications for the UK financial system....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login