🚨 Bank of England Reconsiders Stablecoin Limits! 💷

The Bank of England is reportedly scrapping its strict £10M cap on stablecoin holdings for crypto firms. 👀

💡 Here’s what’s changing:

The BoE is rethinking its earlier plan to restrict corporate stablecoin balances.

Crypto companies may soon be allowed to hold well over £10 million in stablecoins.

The move comes after industry pushback, arguing that the cap would cripple liquidity and innovation.

Instead of rigid limits, the BoE plans targeted exemptions — allowing flexibility for exchanges and financial institutions.

⚖️ It’s not official yet, but the shift signals a friendlier tone toward digital assets in the UK. 🇬🇧

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