The Bank of England will prioritize the development of systemic stablecoin mechanisms and tokenized collateral policies in 2026.

CoinWorld News reported: According to Cryptobriefing, the Bank of England will focus on advancing the systemic stablecoin mechanism in 2026, clarifying the tokenized collateral policy under the UK EMIR framework, and expanding the scope of the digital securities sandbox. Sasha Mills, Executive Director of Financial Market Infrastructure at the Bank of England, stated that over the next year, they will "fundamentally shape the future of digital finance in the UK." According to the proposed stablecoin framework, systemic issuers will be granted deposit accounts at the Bank of England and may receive liquidity support. The backing structure for stablecoins will consist of 60% short-term UK government bonds and 40% Bank of England deposits, while also considering temporary holding limits of £20,000 for individuals and £10 million for businesses. The Bank of England plans to finalize the systemic stablecoin mechanism by the end of the year and expand the digital securities sandbox to include regulated stablecoins in wholesale settlement tests.