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Bank of England faces calls from UK lawmakers to ease stablecoin plans

LONDON, June 3 : British lawmakers urged the Bank of England on Wednesday to soften planned rules on stablecoins, warning that overly strict requirements could hinder the development of a nascent sterling-backed market.A cross-party House of Lords committee said the central bank should reconsider proposals to

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channelnewsasia.comStai leggendo1 g fa

Bank of England faces calls from UK lawmakers to ease stablecoin plans

House of Lords urged Bank of England to ease stablecoin regulations, specifically opposing caps and deposit-backing requirements that hamper sterling token market growth. Regulatory easing opens windows for UK fintech teams evaluating stablecoin infrastructure and GTM decisions.

originale

cointelegraph.com1 g fa

UK Lords Warn BoE on Strict GBP Stablecoin Rules

UK House of Lords warns BoE's 40% unremunerated reserve requirement for GBP stablecoins risks making them commercially unviable versus dollar tokens. Regulatory clarity matters for fintech; overly strict rules suppress UK stablecoin investment versus EU and US.

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theblock.co1 g fa

House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth

A UK House of Lords committee warned that Britain lags the U.S. and the EU on stablecoins, calling on the BoE and FCA to revise rules.

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coindesk.com1 g fa

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.

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Timeline cronologica

mercoledì 3 giugno 2026·coindesk.com
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
mercoledì 3 giugno 2026·channelnewsasia.com
Bank of England faces calls from UK lawmakers to ease stablecoin plans
LONDON, June 3 : British lawmakers urged the Bank of England on Wednesday to soften planned rules on stablecoins, warning that overly strict requirements could hinder the…
mercoledì 3 giugno 2026·cointelegraph.com
UK Lords Warn BoE on Strict GBP Stablecoin Rules
House of Lords backs swift UK stablecoin regulation but warns the Bank of England that strict reserve, holding and interest rules risk undermining pound stablecoins.
mercoledì 3 giugno 2026·theblock.co
House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth
A UK House of Lords committee warned that Britain lags the U.S. and the EU on stablecoins, calling on the BoE and FCA to revise rules.