Monday, 22 June, 2026
UK Crypto Boost: Bank of England Backs Down on Strict Stablecoin Caps
By TechShots Studio
The Bank of England has softened its proposed digital asset rules in its final framework for systemic stablecoins. Responding to intense industry pushback, the central bank scrapped highly criticized plans to cap individual holdings. Instead, it shifted focus to an overall coin issuance limit—initially set at £40 billion—giving crypto firms much-needed commercial flexibility to innovate and operate within the UK from 2027.
Read full story at REUTERS