UK Sets Limits on Stablecoin Holdings by 2025

The UK is implementing regulations on stablecoins, aiming for limits by 2025 that impact both individuals and businesses. These rules are aimed at stabilizing the broader financial system. The Bank of England’s initiative focuses on a systemic approach to stablecoin regulation, with proposed caps of £20,000 for individuals and £10 million for companies. This move seeks to address potential risks associated with the expanding stablecoin market and its impact on traditional finance.