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Today in crypto, the UK moved to give the Bank of England a secondary mandate for payments and stablecoin innovation. StarkWare tested an experimental transaction demonstrating quantum-resistant Bitcoin spending without a fork, while the SEC moved its crypto custody overhaul into White House review.
The UK is moving to put stablecoins at the center of a new Bank of England mandate aimed at supporting innovation in digital payments.
The government plans to give the Bank of England, the UK’s central bank, a secondary objective to support innovation in payment systems and emerging forms of digital money, HM Treasury& announced& on Thursday.
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