BUSINESSCOINDESK
Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap
The Bank of England has relaxed its strict stablecoin holding limits and introduced a $50 billion issuance cap. This regulatory adjustment reflects a shift in approach to managing stablecoin-related risks.
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- Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure