Bank of England's Major Shift: Easing Rules on Stablecoins 🇬🇧

The Bank of England is softening its stance on stablecoins — and the crypto world is watching closely 👀 Bloomberg reports that the BoE plans to allow exemptions on stablecoin holding caps, letting major players hold reserves in short-term government bonds. This move aligns the UK with US and EU frameworks, signaling a more flexible approach to digital assets. ⚡ Key Highlights: 1. Systemic stablecoins may get waivers on holding limits. 2. Stablecoins could be used for settlement in the UK’s Digital Securities Sandbox. 3. A clear shift from Governor Bailey’s earlier skepticism. 4. The UK is racing to stay competitive in the global digital finance market. Could this be the start of a UK crypto comeback? Tell us what you think in the comments 💬 #CryptoNews #Stablecoins #BankOfEngland #CryptoRegulation #DeFi #Blockchain #FinanceNews #CryptoUpdate #DigitalAssets #UKCrypto #Web3 #CryptoMarket