Bank of England: Swaps Stablecoin Caps for £40B Guardrail
Bank of England replaces stablecoin holding caps with £40B guardrail, updating its regulatory framework for issuers.
SourceAnalysis
Bank of England replaced prior stablecoin holding caps with a £40B guardrail, loosening its Bank of England stablecoin regulatory framework for issuers. The shift marks the latest step in the UK’s £40 billion stablecoin guardrail approach after last year’s tighter limits.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.