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BOE Sets $52.8B Stablecoin Cap and Drops Holding Limit

BOE Sets $52.8B Stablecoin Cap and Drops Holding Limit
Bloomberg Technology Tuesday 23 June 2026, 21:07 UTC 1 min read
Key Points

Jun 23rd, 2026 BOE Sets $52.8B Stablecoin Cap and Drops Holding Limit Bloomberg's Anna Irrera joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Bank of England has scrapped plans to limit how much firms and households can hold in UK stablecoins and instead introduced a temporary £40 billion ($52.8 billion) cap for the total issuance of each coin.

Jun 23rd, 2026 BOE Sets $52.8B Stablecoin Cap and Drops Holding Limit Bloomberg's Anna Irrera joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Bank of England has scrapped plans to limit how much firms and households can hold in UK stablecoins and instead introduced a temporary £40 billion ($52.8 billion) cap for the total issuance of each coin.
BOE Sets $ (ORG) Anna Irrera (PERSON) Scarlet Fu (PERSON) Tim Stenovec (PERSON) The Bank of England (ORG) UK (LOCATION)
Originally published by Bloomberg Technology Read original →

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