CoinVoice has recently learned that, according to CoinDesk, Bank of England's Executive Director for Prudential Policy, David Bailey, stated that the UK plans to propose new restrictive regulations on banks' holdings of crypto assets before 2026, in order to mitigate financial stability risks.

The plan will reference the disclosure framework established by the Basel Committee, which suggests that banks' exposure to crypto assets like Bitcoin should be limited to within 1%. [Original link]