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Bank of England prepares swift stablecoin rules to match U.S. pace. New UK stablecoin limits aim to protect bank-based mortgage market. Britain strengthens crypto oversight with fresh focus on digital assets. The Bank of England is set to introduce its long-awaited regulatory framework for stablecoins, aiming to keep pace with the United States. According to Bloomberg, Deputy Governor Sarah Breeden dismissed claims that the UK is trailing behind, stressing that the regime will be ready as quickly as the U.S. version. Breeden confirmed that the central bank will release its consultation on stablecoin regulation on November 10, according to Reuters. The proposed rules will first apply to stablecoins deemed “systemic,” meaning those expected to be widely used for payments. Other types will continue under the Financial Conduct Authority’s lighter oversight. Also Read: Chainlink Struggles to Hold $15 as Market Bears Take Full Control Stablecoin Limits Reflect UK’s Bank-Dependent Market Bloomberg reported that the upcoming proposals will include temporary holding limits of up to £20,000 for individuals and £10 million for businesses. Breeden explained that the tighter limits are designed to protect the UK’s bank-based mortgage market from sudden capital outflows into digital currencies. Besides focusing on stability, the Bank’s plan highlights Britain’s determination to match the speed of U.S. developments in digital finance. Breeden noted that the goal is to ensure the UK’s regulatory framework becomes operational at the same time as America’s. The move comes as the government faces rising pressure to strengthen its position in the global digital asset landscape. Recently, the UK announced plans to appoint a “digital markets champion” to guide blockchain adoption across wholesale financial markets. Additionally, the Financial Conduct Authority lifted its four-year retail ban on crypto exchange-traded notes, extending access beyond professional investors. This decision signals a broader shift toward embracing digital finance while maintaining strong regulatory safeguards. Also Read: Ripple CEO: “SWIFT Created a Monster by Pushing Us Out” – XRP Army Reacts The post Bank of England Moves to Finalize Stablecoin Rules in Step with U.S. Oversight appeared first on 36Crypto. Bank of England prepares swift stablecoin rules to match U.S. pace. New UK stablecoin limits aim to protect bank-based mortgage market. Britain strengthens crypto oversight with fresh focus on digital assets. The Bank of England is set to introduce its long-awaited regulatory framework for stablecoins, aiming to keep pace with the United States. According to Bloomberg, Deputy Governor Sarah Breeden dismissed claims that the UK is trailing behind, stressing that the regime will be ready as quickly as the U.S. version. Breeden confirmed that the central bank will release its consultation on stablecoin regulation on November 10, according to Reuters. The proposed rules will first apply to stablecoins deemed “systemic,” meaning those expected to be widely used for payments. Other types will continue under the Financial Conduct Authority’s lighter oversight. Also Read: Chainlink Struggles to Hold $15 as Market Bears Take Full Control Stablecoin Limits Reflect UK’s Bank-Dependent Market Bloomberg reported that the upcoming proposals will include temporary holding limits of up to £20,000 for individuals and £10 million for businesses. Breeden explained that the tighter limits are designed to protect the UK’s bank-based mortgage market from sudden capital outflows into digital currencies. Besides focusing on stability, the Bank’s plan highlights Britain’s determination to match the speed of U.S. developments in digital finance. Breeden noted that the goal is to ensure the UK’s regulatory framework becomes operational at the same time as America’s. The move comes as the government faces rising pressure to strengthen its position in the global digital asset landscape. Recently, the UK announced plans to appoint a “digital markets champion” to guide blockchain adoption across wholesale financial markets. Additionally, the Financial Conduct Authority lifted its four-year retail ban on crypto exchange-traded notes, extending access beyond professional investors. This decision signals a broader shift toward embracing digital finance while maintaining strong regulatory safeguards. Also Read: Ripple CEO: “SWIFT Created a Monster by Pushing Us Out” – XRP Army Reacts The post Bank of England Moves to Finalize Stablecoin Rules in Step with U.S. Oversight appeared first on 36Crypto.

Bank of England Moves to Finalize Stablecoin Rules in Step with U.S. Oversight

2025/11/06 22:06

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Bank of England prepares swift stablecoin rules to match U.S. pace.
New UK stablecoin limits aim to protect bank-based mortgage market.
Britain strengthens crypto oversight with fresh focus on digital assets.

The Bank of England is set to introduce its long-awaited regulatory framework for stablecoins, aiming to keep pace with the United States. According to Bloomberg, Deputy Governor Sarah Breeden dismissed claims that the UK is trailing behind, stressing that the regime will be ready as quickly as the U.S. version.

Breeden confirmed that the central bank will release its consultation on stablecoin regulation on November 10, according to Reuters. The proposed rules will first apply to stablecoins deemed “systemic,” meaning those expected to be widely used for payments. Other types will continue under the Financial Conduct Authority’s lighter oversight.

Also Read: Chainlink Struggles to Hold $15 as Market Bears Take Full Control

Stablecoin Limits Reflect UK’s Bank-Dependent Market

Bloomberg reported that the upcoming proposals will include temporary holding limits of up to £20,000 for individuals and £10 million for businesses. Breeden explained that the tighter limits are designed to protect the UK’s bank-based mortgage market from sudden capital outflows into digital currencies.

Besides focusing on stability, the Bank’s plan highlights Britain’s determination to match the speed of U.S. developments in digital finance. Breeden noted that the goal is to ensure the UK’s regulatory framework becomes operational at the same time as America’s.

The move comes as the government faces rising pressure to strengthen its position in the global digital asset landscape. Recently, the UK announced plans to appoint a “digital markets champion” to guide blockchain adoption across wholesale financial markets.

Additionally, the Financial Conduct Authority lifted its four-year retail ban on crypto exchange-traded notes, extending access beyond professional investors. This decision signals a broader shift toward embracing digital finance while maintaining strong regulatory safeguards.

Also Read: Ripple CEO: “SWIFT Created a Monster by Pushing Us Out” – XRP Army Reacts

The post Bank of England Moves to Finalize Stablecoin Rules in Step with U.S. Oversight appeared first on 36Crypto.

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