UK Lawmakers Urge Bank of England to Rethink Stablecoin Rules
Update: 2025-12-12
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UK Lawmakers Urge Bank of England to Rethink Stablecoin Rules: Balancing Innovation and StabilityBritish lawmakers are pushing back against the Bank of Englands proposed rules for stablecoins, warning that they could hinder innovation and limit the UKs global finance leadership. The proposals include caps on individual and business holdings and strict reserve requirements. Critics argue that no other major jurisdiction is taking such a restrictive approach. The debate highlights the challenge of fostering innovation while ensuring financial stability.
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