Bank of England Considers Stablecoin Issuance Caps as Alternative to Holdings Limits

According to Bloomberg, the Bank of England is considering an alternative approach to stablecoin regulation by researching temporary issuance caps on total stablecoin supply, rather than imposing holdings limits. Deputy Governor Sarah Breeden stated the central bank is evaluating this replacement option in response to industry opposition to the original proposal, signaling a reassessment of the BoE's stablecoin regulatory framework.
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