On 15 October, the Bank of England (BoE) published a speech by Sarah Breeden (Deputy Governor, Financial Stability) entitled ‘Not just token gestures’.

Sarah Breeden discussed the steps the BoE is taking in relation responsible innovation in finance given ongoing technological change and developments. She highlighted the BoEs approach to promoting responsible innovation in tokenisation, with a focus on distributed ledger technologies, artificial intelligence and quantum computing, and its upcoming consultation on a proposed regime for sterling stablecoins used in systemic payment systems.