The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan

In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.

The DSS will last five years and could lead to a new regulatory regime for securities settlement.

Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.

The U.K.'s approach to handling privacy concerns posed by a digital pound should help quench concerns, according to interviews with a wide range of