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Bank of England to Clamp Down on Stablecoins, But Temporarily

Bank of England to Clamp Down on Stablecoins, But Temporarily

Author:

Global Cryptocurrency

Published:

2025-10-16 11:00:01

20

2

BTCCSquare news:

The Bank of England has moved to address growing concerns over its proposed stablecoin restrictions, clarifying that the measures are intended to be temporary. Deputy Governor Sarah Breeden emphasized that the limits are not designed as a permanent solution but rather as a transitional measure.

Market participants had raised alarms about the potential impact of stringent regulations on the burgeoning stablecoin sector. The central bank's reassurance suggests a balancing act between fostering innovation and maintaining financial stability.

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