Bank of England may reconsider limits on stablecoin holdings

The Bank of England is examining alternatives to its proposed stablecoin holding limits, acknowledging industry pushback. Deputy Governor Sarah Breeden emphasized the need to safeguard credit availability without stifling innovation.

The Financial Conduct Authority plans to initiate a regulatory sandbox in Q1 2026, allowing firms to test stablecoin products as the Bank of England continues to finalize its rules.

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