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🇬🇧 The UK is making stablecoin rules more crypto-friendly
- No more £20K holding cap.
- 70% of reserves can be held in government bonds.
- Only 30% must stay at the BOE.
- Regulated UK stablecoins expected in 2027.
Imo, the UK wants to bring stablecoins onshore, and not push them away
Big win for RWAs