The Daily Peg
We detect some hints of transatlantic cooperation on stablecoin regulation.
Editorial hello
Greetings ahead of the long Bank Holiday weekend.
Today, I bring you news that Bank of England officials are quietly signaling growing momentum behind cross-border cooperation on digital asset regulation. This after a UK parliamentarian told an All-Party Parliamentary Group committee meeting on Wednesday that US regulators had expressed interest in experimenting in a joint “sandbox” to test stablecoin frameworks in real-world conditions.
Speaking at the meeting, senior representatives from the Bank of England — Sasha Mills, Emma Butterworth and Pavel Chichkanov — did not explicitly endorse a joint sandbox initiative, but they did emphasise that international coordination is already central to their work, particularly given the cross-border nature of stablecoins.
