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Bank of England Drops Stablecoin Holding Caps, Sets £40 Billion Issuance Limit

Bank of England Drops Stablecoin Holding Caps, Sets £40 Billion Issuance Limit

BullishCryip

The Bank of England (BoE) has softened key elements of its proposed regulatory framework for sterling-denominated stablecoins, removing planned limits on individual holdings and replacing them with a temporary issuance cap for stablecoin providers.

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The original article is written in English.