[Bank of England Eases Stablecoin Rules] BlockBeats News, June 22: According to market reports, the Bank of England has abandoned its previous proposal of caps on individual and corporate holdings, instead adopting an issuance cap of no more than £40 billion for each stablecoin at launch. Additionally, following industry feedback, the central bank has slightly relaxed the requirements for eligible reserve assets. This move removes a key barrier to stablecoin adoption, signaling a more pragmatic regulatory approach by the Bank of England toward GBP-backed stablecoins. However, the final rules still need to be finalized by the end of the year, and systemic safeguards remain in place. The market has not shown any significant price or trading volume reactions for the time being.