Bank of England Clarifies Stablecoin Limits Are Only Temporary, Aims for Smooth Transition
Quick Breakdown Temporary Limits: BoE’s proposed stablecoin caps are short-term measures to support a stable financial transition. Consultation Incoming: Public feedback will shape the final framework, including exemptions and business-specific limits. Systemic Stability First: The central bank aims to prevent sudden outflows from banks while fostering digital currency innovation. ...
