Bank of England

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US Federal Reserve governor Christopher Waller said Sunday that stablecoins could expand the reach of US policy. Bank of England official Megan Greene offered a contrasting view, predicting their popularity would soon fade.

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The Bank of England launched a consultation on May 18 to extend settlement hours for its RTGS and CHAPS systems toward near-continuous operation. The move aims to align traditional infrastructure with tokenized finance and stablecoin markets. Proposals include weekend settlement and synchronization services for digital assets.

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