The Bank of England’s draft rules would set an initial issuance maximum of £40 billion for each systemic sterling stablecoin.
According to NS3.AI, the proposed framework applies the cap on a per-stablecoin basis and targets stablecoins deemed systemic in the sterling market.
Separately, Keir Starmer acknowledged on Monday morning, June 22, that he no longer had authority to lead, which the report said would make him the sixth prime minister in a decade.
Bank of England Draft Rules Set £40 Billion Issuance Cap for Systemic Sterling Stablecoins
2026-06-25 09:15:56
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