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Ministers to boost innovation in payments with new objective for Bank of England
Source: HM Treasury
Regulation & LegislationFintechBanking & Liquidity
The government plans to expand the Bank of England’s mandate to include support for innovation in payment systems and emerging digital money, while maintaining financial stability as a priority. The change signals a more fintech-friendly regulatory posture, though no specific policy details, timelines, or quantitative impacts were provided.
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