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The Financial Secretary to the Treasury (Lord Livermore) (Lab)

Speaking in the House of Lords on 16 October 2025

Debate

Stablecoin Ownership

Contribution

My Lords, stablecoins stand to play an important role in driving innovation in digital assets. It is important for the UK to position itself as a competitive global destination for digital assets, including stablecoins, while also addressing relevant consumer protection and financial stability risks. The Bank of England is engaging closely with the digital assets sector on its proposals for the regulation of systemic retail stablecoin.

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