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News
Bank of England drops stablecoin holding limits, sets £40 billion issuer cap
NewsBTC Editorial Team
2d ago
Bank of England drops stablecoin holding limits, sets £40 billion issuer cap
The Bank of England has softened its proposed rules for systemic sterling stablecoins by scrapping individual holding limits. It plans to replace them with a temporary £40 billion issuance cap per systemic issuer and to allow looser treatment of reserves.
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