BoE Weighs Alternatives to Stablecoin Holding Limits Following Industry Pushback
7 Articles
7 Articles
Crypto industry pressure forces Bank of England to rethink stablecoin rules
The Bank of England is reviewing earlier plans to cap how much stablecoin users can hold. Draft stablecoin regulations are expected to be released next month. Crypto firms say Britain risks falling behind other markets if rules become too restrictive.The Bank of England is reconsidering parts of its proposed stablecoin restrictions after criticism from the crypto industry, signalling a possible shift in how Britain plans to regulate digital asse…
Bank of England considers temporary limits on total stablecoin issuance
The Bank of England is reviewing its proposed regulatory framework for digital currencies, signaling a potential shift towards capping total stablecoin issuance rather than limiting what individual users can hold. Deputy Governor Sarah Breeden revealed Tuesday at the CityWeek 2026 conference that the central bank is evaluating “temporary guardrails” on the aggregate volume of stablecoins. The approach aims to shield the traditional banking secto…
Bank of England Drops Stablecoin Caps After Six Months of Pushback
Key Takeaways: BoE scraps individual £20,000 and corporate £10m stablecoin holding limits. Enforcing wallet-level limits on decentralized ledgers was always operationally unworkable. The FCA and BoE operate parallel regulatory tracks, but the transition point between them remains undefined. On May 19, at CityWeek 2026 in London, Bank of England Deputy Governor Sarah Breeden confirmed that the central bank is abandoning its proposed individual h…
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