The post Bank of England Eased Stablecoin Rules, Sets £40B Cap for Major Issuers appeared first on Coinpedia Fintech News
The Bank of England has relaxed several proposed stablecoin rules following feedback from the crypto and financial sectors. The changes include lower reserve requirements, the removal of holding limits, and a temporary £40 billion issuance cap. These changes aim to make the country more attractive for stablecoin issuers while maintaining financial safeguards. Bank of England …