FCA and Bank of England promote cryptocurrency regulation, lifting restrictions on holding fiat anchored stablecoins

The UK FCA finalized encryption rules last month, providing guidance on capital requirements, access and disclosure, and behavioral frameworks for cryptocurrency companies. The Bank of England has lifted the holding limit for fiat anchored stablecoins and lowered the reserve requirement that issuers must hold at the central bank from 40% to 30%. The stablecoin scheme proposed in November 2025 once restricted individuals from holding systematic pound stablecoins of no more than £ 20000 and businesses from holding no more than £ 10 million. （CoinDesk）