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Woofun AI reports that the Bank of England has published its final policy framework and draft regulations for stablecoins, marking a significant shift from earlier industry consultations. The central bank has abandoned the proposed personal holding limit, opting instead to impose a strict cap on total issuance per stablecoin, set initially at £40 billion (approximately $52.84 billion).
Concurrently, the reserve asset requirements have been slightly relaxed to enhance market flexibility. The Bank of England intends to finalize these regulatory standards by the end of the current year.