British pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rules
The new framework removes wallet caps, yet keeps systemic sterling stablecoins far below dollar-token scale at launch.
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The new framework removes wallet caps, yet keeps systemic sterling stablecoins far below dollar-token scale at launch.
Liam 'Akiba' Wright 7 min read
The Labour frontrunner could bring a more growth-friendly tone to crypto, though the FCA’s sweeping 2027 regime is already taking shape.
Hyperliquid’s growing derivatives market has pulled in traders and drawn a UK warning.
UK lawmakers say the BoE should rethink proposed pound stablecoin holding caps and a 40% non-yielding reserve requirement before the regime decides whether a GBP market can scale.
Aave’s UK payments approvals revive old fears that the protocol is drifting beyond lending, but Push may be the exception if it turns payments into a regulated funnel.
What began as an effort to isolate Russia financially may have accelerated the creation of an entirely new sanctions-resistant payment system built on crypto rails.
The Bank of England is laying the groundwork for tokenized finance by fixing the old settlement clock that still governs trillions in payments.
The new rules could cut off a funding route that turned offshore crypto wealth into UK political power.
Britain’s crackdown on suspected illegal peer-to-peer crypto dealers is legally straightforward, but it also tests how much direct financial exchange can survive inside a regulated crypto market.
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