#Gate广场五月交易分享

The Bank of England considers relaxing rules for UK stablecoin issuers

Bank of England Deputy Governor Sarah Breeden stated that the Bank of England is re-evaluating its proposed stablecoin framework, assessing whether it is necessary to impose temporary holding limits on pound sterling stablecoins, and reviewing whether its reserve requirements are too strict for issuers. According to the Bank of England's consultation document from November 2025, individuals have an initial holding limit of £20,000 during the transition phase, while corporate users are capped at approximately $13.5 million. Bank officials said these restrictions aim to prevent deposits from rapidly flowing out of commercial banks after stablecoins gain traction in payments. Additionally, the consultation recommends that issuers hold at least 40% of their reserves in interest-free deposits at the Bank of England, with the remaining assets invested in short-term UK government debt. Industry participants oppose this framework, arguing that ownership limits are difficult to enforce across trading venues and wallets. Potential issuers and legal advisors also told policymakers that requiring companies to hold large reserve balances at the central bank without earning interest would significantly reduce the profitability of issuing stablecoins in the UK.