UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions

UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions

UK House of Lords urges BoE to ease stablecoin holdings caps (£20k individual, £10M business) to match less restrictive markets. Regulatory thaw opens UK fintech stack positioning; compliance costs remain key lever for GTM decisions on crypto/settlement infrastructure.