X @Wu Blockchain

According to Bloomberg, the Bank of England plans to exempt proposed limits on corporate stablecoin holdings. Insiders revealed that the draft suggests a holding limit of £10,000–£20,000 for individuals and up to £10 million for businesses, with possible exemptions for crypto exchanges requiring larger reserves. The BoE also plans to allow stablecoins as settlement assets in its experimental Digital Securities Sandbox. These exemptions are not yet finalized. https://t.co/NJy3ckTYo0 ...