The Bank of England is set to align its stablecoin regulations with those of the United States, according to Deputy Governor Sarah Breeden. Addressing concerns about the UK potentially lagging behind, Breeden confirmed that the regulatory framework will include temporary holding limits of £20,000 for individuals and £10 million for businesses. This move aims to ensure the UK remains competitive in the rapidly evolving digital currency landscape.
UK to Align Stablecoin Regulations with US, Sets Holding Limits
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