The framework follows the Bank of England's reversal of its proposal to limit how many stablecoins individuals could hold.

LONDON, June 30 : Britain's financial regulator said on Tuesday it would reduce its planned capital requirements for stablecoin issuers after industry pushback, as it unveiled…

The FCA finalized the U.K.'s crypto rulebook on June 30, cutting the stablecoin capital floor to 1% and setting an October 2027 authorization deadline.