"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:"