The Bank of England has proposed a limit of £20,000 on individual stablecoin holdings to ensure financial stability and consumer protection. This cap is part of the bank’s broader regulatory framework for digital currencies. The proposal aims to mitigate potential risks associated with the rapid growth of stablecoins, which could impact the financial system. The bank emphasizes the need for sound regulations as stablecoins gain traction in the market. Stakeholders are encouraged to provide feedback on this proposal as the bank considers its implementation.
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Last updated on November 10th, 2025 at 09:16 am
