Policy Event Β· High impact

Bank Of England Publishes Systemic Stablecoin Policy And Draft Rules

The Bank of England launched a policy statement and draft Code of Practice for sterling-denominated systemic stablecoin issuers. The package clarifies backing, resilience and supervisory expectations for stablecoins that could become systemic payment infrastructure.

High impactπŸ‡¬πŸ‡§ United KingdomStablecoinRegulationGBPBank of England

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Protocols/assets in scope: GBP. Named institutions or platforms: Bank of England. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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Related policy events

CPC Decision Targets Crypto-Enabled Corruption And Cross-Border Asset Recovery

A CPC Central Committee decision published by Xinhua calls for resolute action against corruption involving the internet, virtual currencies, cross-border funds, and blockchain, alongside stronger cross-border casework and asset recovery. The policy signal increases expectations for transaction tracing, beneficial-owner checks, and cooperation with enforcement requests at digital-asset intermediaries.

High impactπŸ‡¨πŸ‡³ ChinaRegulationAMLEnforcement

FCA Consults On DeFi Guidance For Regulated Firms

The UK Financial Conduct Authority opened GC26/7 consultation on non-Handbook guidance for regulated firms using DeFi, covering operational resilience, financial-crime controls and Money Laundering Regulations obligations. The guidance would clarify how existing controls apply to DeFi dependencies such as smart contracts, bridges and oracle services.

High impactπŸ‡¬πŸ‡§ United KingdomRegulationAMLDeFi