Bank of England Adjusts Stablecoin Regulations, Increases Issuance Limits
The Bank of England has removed individual holding caps, establishing a new £40 billion limit for stablecoin issuance and allowing issuers to increase their reserves in government debt.
Editorial Staff
1 min read
Updated 1 day ago
In a significant regulatory update, the Bank of England (BoE) has eliminated individual holding caps for stablecoins, introducing a new issuance limit of £40 billion per coin.
This change aims to provide more flexibility for stablecoin issuers, enabling them to hold a greater amount of reserves in government debt.
The adjustments reflect the BoE's ongoing efforts to adapt to the evolving landscape of digital assets and to ensure a robust regulatory framework.