Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap
Jun 22 2026 10:48 UTC - Olivier Acuna
The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch.
➤ The Bank of England has reversed strict stablecoin holding limits, opting for a £40 billion aggregate issuance cap for systemic stablecoins.
➤ Issuers can now allocate up to 70% of reserves to short-term UK government debt (T-bills), with a reduced 30% requirement for non-interest-bearing central bank deposits.
➤ This regulatory shift, influenced by industry feedback and parliamentary committees, aims to foster business viability and innovation ahead of the UK's 2027 crypto market launch.
Read more at: https://rwatimes.io/articles/coindesk-bank-of-england-backs-down-on-strict-stablecoin-holding-limits-sets-50-billion-issuance-cap-2329941402?utm_source=binance
Jun 22 2026 10:48 UTC - Olivier Acuna
The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch.
➤ The Bank of England has reversed strict stablecoin holding limits, opting for a £40 billion aggregate issuance cap for systemic stablecoins.
➤ Issuers can now allocate up to 70% of reserves to short-term UK government debt (T-bills), with a reduced 30% requirement for non-interest-bearing central bank deposits.
➤ This regulatory shift, influenced by industry feedback and parliamentary committees, aims to foster business viability and innovation ahead of the UK's 2027 crypto market launch.
Read more at: https://rwatimes.io/articles/coindesk-bank-of-england-backs-down-on-strict-stablecoin-holding-limits-sets-50-billion-issuance-cap-2329941402?utm_source=binance