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BTCC / BTCC Square / Global Cryptocurrency /
Bank of England to Unveil Stablecoin Regulations on November 10, Aligning with U.S. Framework

Bank of England to Unveil Stablecoin Regulations on November 10, Aligning with U.S. Framework

Author:
Global Cryptocurrency
Published:
2025-11-06 19:41:01
20
1
BTCCSquare news:

The Bank of England has announced plans to implement stablecoin regulations on November 10, aligning its regulatory framework with that of the U.S. through a collaborative transatlantic task force. Deputy Governor Sarah Breeden revealed that the initial regulations will target "systemic" stablecoins widely used for payments, while other stablecoins will remain under the Financial Conduct Authority's oversight.

Temporary restrictions of up to £20,000 for individuals and £10 million for enterprises are part of the proposed rules. The initiative aims to protect jobs, foster economic growth, and harmonize crypto regulations across borders. Breeden emphasized the UK's focus on stability and adoption in sync with global markets.

|Square

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