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The Bank of England backs down on its toughest stablecoin rules

Posted on June 22, 2026 By 164news66 No Comments on The Bank of England backs down on its toughest stablecoin rules

When the Bank of England Proposed Stablecoin Regulation

When the Bank of England first sketched out how it would regulate stablecoins, the industry read the draft and recoiled. Caps on how much any one person could hold, conservative rules on what the coins could be backed by: critics said the regime would make real-world use almost impossible and send, in the words of […]

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