The post EXCLUSIVE: Inside the Industry Pushback That Forced Bank of England to Rewrite Stablecoin Playbook appeared first on Coinpedia Fintech News
The Bank of England (BoE) has softened its proposed stablecoin rules, removing planned limits on how much stablecoin individuals and businesses can hold. Instead, the central bank will introduce a temporary £40 billion cap on the total issuance of each systemic sterling-backed stablecoin. The change marks a shift from last year’s proposals, which would have …
The post EXCLUSIVE: Inside the Industry Pushback That Forced Bank of England to Rewrite Stablecoin Playbook appeared first on Coinpedia Fintech News
The Bank of England (BoE) has softened its proposed stablecoin rules, removing planned limits on how much stablecoin individuals and businesses can hold. Instead, the central bank will introduce a temporary £40 billion cap on the total issuance of each systemic sterling-backed stablecoin. The change marks a shift from last year’s proposals, which would have …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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