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Bank of England Publishes Policy Statement and Draft Rules for Systemic Stablecoins

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The Bank of England published its policy statement and draft Code of Practice for systemic stablecoin issuers on Monday, replacing the per-person holding caps it consulted on last year with an issuer-level issuance ceiling and a more generous reserve-asset mix. Industry feedback can be filed until… Read the full story at The Defiant

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