Bank of England considers changes to stablecoin rules
Sarah Breeden said the Bank of England is open to new ways of regulating stablecoins. She noted a lack of industry engagement on proposed holding limits.
Xurve View
Xurve View
The Bank of England has expressed a willingness to explore alternative regulatory frameworks for systemic stablecoins. Sarah Breeden, the Deputy Governor for Financial Stability, noted that while the central bank remains open to different approaches, there has been a notable lack of constructive engagement from the industry regarding the current proposals.
