"The Bank of England published its policy statement and draft Code of Practice (rules) for systemic stablecoin issuers, marking a key. The policy statement and draft rules reflect feedback from last year’s consultation. The framework supports safe innovation, enabling UK issued stablecoins to develop as trusted forms of digital money. The Bank has made targeted revisions to the proposals consulted on last year. These include: backing assets & Temporary issuance guardrails:"

"The policy statement (PS) sets out a decision to extend CHAPS settlement hours by moving the start of settlement from 06:00 to 01:30. The intention is to put this early morning extension (EME) in place in September 2027, subject to final confirmation of the planned timelines with impacted CHAPS direct participants. This decision follows our July 2025 consultation paper (CP) on extending settlement hours, to which this statement serves as a formal response."