[Bank of England Open to Adjusting Stablecoin Limits Following Industry Opposition] According to a report by Jinse Finance, Bank of England Deputy Governor Sarah Breeden has hinted that regulators may soften their strict stance on stablecoin holding limits after the proposal faced strong opposition from the digital asset industry. Last year, the central bank proposed temporary holding limits for stablecoins deemed systemically important, setting a cap of £20,000 for individuals and £10 million for businesses. The aim was to mitigate risks associated with sudden customer deposit shifts from banks to stablecoins. However, stablecoin issuers and the crypto industry warned that these limits would be difficult to enforce and could stifle innovation. Breeden, speaking at a House of Lords committee meeting, stated that the central bank is open to "alternative approaches" to achieving the goal of protecting the UK economy and is reviewing feedback received from a consultation document published last November. She acknowledged the technical challenges of implementing such limits, including how to effectively track token holders and holdings in secondary market transactions, as well as the cost-effectiveness of building systems for temporary restrictions. The central bank plans to finalize the regulations by the end of the year.