BUSINESSDECRYPT
Bank of England Eases Stablecoin Rules, Swaps Holding Caps for £40B ‘Guardrail’
The Bank of England has relaxed stablecoin regulations by replacing individual holding caps with a £40 billion per-coin issuance limit. Issuers are now permitted to hold more reserves in government debt under the new framework.
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- Bank of England drops proposed holding caps for sterling stablecoins, sets £40 billion issuance guardrail
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