Bank of England weighs issuance caps over holding limits for stablecoins
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The Bank of England is considering issuance caps for stablecoins instead of holding limits to lower costs and address industry concerns. Crypto leaders express cautious optimism, advocating for proportionate and data-driven caps to maintain competitiveness. Draft stablecoin regulations are anticipated next month, with final rules expected by year-end, in line with U.S. developments.
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