According to Bloomberg, Bank of England Deputy Governor Sarah Breeden stated that the advancement of UK stablecoin regulatory rules will align with the US to address concerns about its lagging progress. The Bank of England plans to introduce a regulatory framework, setting a personal holding limit of £20,000 and a corporate limit of £10 million, with these restrictions being temporary arrangements. Breeden pointed out that since UK mortgages rely on commercial banks for funding, stablecoins could impact the banking system and credit supply, leading to a more cautious regulatory stance compared to the US. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=51396