Bank of England Softens Stablecoin Rules With £40 Billion Issuer Cap
Bank of England softens sterling stablecoin rules, dropping individual holding limits for a £40B issuer cap and looser reserve treatment.
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USDC’s 2023 SVB depeg exposed off‑chain banking risk and on‑chain contagion. 2026 reserve data and new evidence show what stablecoin risk managers must monitor now.
Read full articleBank of England softens sterling stablecoin rules, dropping individual holding limits for a £40B issuer cap and looser reserve treatment.
The Bank of England published draft rules for systemic stablecoins, easing reserve requirements and replacing holding limits with a temporary 40 billion pound issuance cap.
The Bank of England has removed proposed limits on individual stablecoin holdings and eased reserve requirements in its final policy and draft rules for systemic stablecoins. The central bank said on Monday that it will no longer proceed with plans…
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