Bank of England Eases Stablecoin Rules, Sets £40 Billion Issuer Limit

The Bank of England has softened its proposed regulatory framework for sterling-denominated stablecoins. The central bank dropped plans to cap individual stablecoin holdings and instead set a total issuance limit per stablecoin. Ad Ad Bank of England Sets £40 Billion Stablecoin Issuer Cap in Final Policy On June 22, the Bank of England (BoE) released