[The Bank of England Plans to Release Systemic Stablecoin Regulatory Draft Next Month and Finalize It Within the Year] Sarah Breeden, Deputy Governor for Financial Stability at the Bank of England, stated during her speech at London City Week 2026 that the future strategic focus will be on tokenization, aiming to build a UK financial system that includes regulated stablecoins. The Bank of England plans to release a systemic stablecoin regulatory draft next month and finalize it within the year, with the possibility of imposing temporary caps on the total issuance of stablecoins if necessary. The central bank encourages commercial banks to issue tokenized deposits and upgrade retail payment infrastructure to support cross-bank usage. The Bank of England and the FCA have advanced tokenized securities pilots through the Digital Securities Sandbox, with 16 institutions, including Euroclear, HSBC, and LSEG, preparing to go live by the end of 2026.