Bank of England expands safety net to cover stablecoins and clearing houses

Dave Ramsden announced Bank of England plans for new resolution rules covering stablecoins and clearing houses. The move ensures safety in non-traditional finance.

Insights:
Dave Ramsden dave ramsden, Deputy Governor of the Bank of England, stated on Wednesday, January 14, 2026, that the central bank is making significant progress on regulatory frameworks designed to manage the potential failure of non-traditional financial institutions. This expansion of the resolution regime in the United Kingdom GBGBis intended to address structural gaps by covering market-based finance and emerging products like stablecoins and central counterparties that fall outside traditional banking oversight.
Bank of England Deputy Governor for Markets and Banking Dave Ramsden speaks during the Monetary Policy Report press conference in London, Britain, November 6, 2025. REUTERS/Maja Smiejkowska/Pool/File Photo
Bank of England Deputy Governor for Markets and Banking Dave Ramsden speaks during the Monetary Policy Report press conference in London, Britain, November 6, 2025. REUTERS/Maja Smiejkowska/Pool/File Photo
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