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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.

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cointelegraph.comStai leggendo3 mesi 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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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…

UK Lords Warn BoE on Strict GBP Stablecoin Rules

Confronto fonti

UK Lords Warn BoE on Strict GBP Stablecoin Rules

Timeline cronologica

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

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

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

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

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

UK Lords Warn BoE on Strict GBP Stablecoin Rules

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