BUSINESSFINANCIAL TIMES WORLD
Bank of England dilutes stablecoin rules with plan for £40bn issuer limit
The Bank of England is proposing regulations that remove restrictions on stablecoin holdings for individuals and companies, while introducing a £40bn limit for issuers.
Related Signal
Adjacent reporting
- New York regulator proposes stablecoin rule to align with federal GENIUS Act, adds reserve limits
- UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
- Bank of England set to ease sterling stablecoin rules amid industry concerns: FT
- Bank of England ready to water down 'overly conservative' stablecoin proposals: FT
- The GENIUS Act opened the door for stablecoins, but regulators want to narrow it
- Bank of England outlines tokenization, stablecoin vision for UK finance