Source text: The Bank of England is reportedly reconsidering its proposed stablecoin restrictions following significant pushback from the crypto and fintech sectors. Initial plans included caps on stablecoin holdings, with limits of £10,000 to £20,000 for individuals and £10 million for businesses, aimed at safeguarding financial stability. However, industry groups argued that such restrictions could hinder the UK's ambitions to become a leading digital asset hub.
In response, Deputy Governor Sarah Breeden indicated that the Bank is exploring alternative measures to achieve its regulatory goals without imposing undue operational burdens. The central bank's review comes amid concerns that strict rules could stifle innovation and limit the practical use of stablecoins in real-world payments. The potential easing of these restrictions could signal a more balanced approach, fostering growth in the UK's digital finance sector while maintaining necessary safeguards.
Target language code: fr
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La Banque d'Angleterre envisage d'assouplir les restrictions sur les stablecoins après les retours de l'industrie
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