UK Proposes Bank of England Payments Innovation Objective
The UK plans a secondary Bank of England objective for innovation in systemic payment systems, including those using stablecoins.
Tag: payments regulation
Bank of England Replaces Stablecoin Holding Limits With £40bn Issuance Guardrail
The Bank of England dropped proposed individual and business holding limits for systemic stablecoins, replacing them with a temporary £40 billion issuance guardrail per product.