{"id":690162,"date":"2025-09-15T14:05:12","date_gmt":"2025-09-15T11:05:12","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/bank-of-england-stablecoin-limits-slammed-by-uk-crypto-groups-report\/"},"modified":"2025-09-15T14:05:12","modified_gmt":"2025-09-15T11:05:12","slug":"bank-of-england-stablecoin-limits-slammed-by-uk-crypto-groups-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bank-of-england-stablecoin-limits-slammed-by-uk-crypto-groups-report\/","title":{"rendered":"Bank of England stablecoin limits slammed by UK crypto groups: Report"},"content":{"rendered":"

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UK crypto and payments groups urged the Bank of England to drop plans to cap individual stablecoin holdings, claiming the move would be costly and hard to enforce.<\/p>\n

United Kingdom-based cryptocurrency industry advocacy groups called on the Bank of England not to proceed with plans to limit individual stablecoin holdings.<\/p>\n

In a November 2023 discussion paper<\/a>, the bank floated setting individual caps on digital pounds between 10,000 British pounds ($13,558) and 20,000 pounds and asked for feedback on a possible lower limit of 5,000 pounds.<\/p>\n

According to a Monday Financial Times report<\/a>, industry groups criticized the plan, saying it would be difficult and expensive to implement and could leave the UK lagging behind other jurisdictions.<\/p>\n

Read more<\/p>\n<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

UK crypto and payments groups urged the Bank of England to drop plans to cap individual stablecoin holdings, claiming the move would be costly and hard to enforce. United Kingdom-based cryptocurrency industry advocacy groups called on the Bank of England not to proceed with plans to limit individual stablecoin holdings. In a November 2023 discussion…<\/p>\n","protected":false},"author":1,"featured_media":690163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01994c92-a1c7-787a-a547-6f7f35f61161","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75044,74863,75493,88784,117,83227,4999,70934,4966],"class_list":["post-690162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bank-of-england","tag-cryptocurrencies","tag-stablecoin","tag-uk-government","tag-business","tag-companies","tag-policy","tag-regulation","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/690162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=690162"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/690162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/690163"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=690162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=690162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=690162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}