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Bank of England Open to Revising Pound Stablecoin Caps After Industry Pushback

Thu, 12 Mar 2026 11:26:08 GMT
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The Bank of England, responding to industry pushback over its proposed stablecoin holding caps, said it remains willing to revisit or ease rules for pound stablecoins and to explore alternative measures to safeguard financial stability. It said it was disappointed by the limited constructive engagement from crypto groups.