Bitfinex Blog/
Could the UK Become Crypto’s Stablecoin Hub?
The Bank of England has revised its stablecoin regulatory proposal, replacing individual holding limits with a £40 billion issuer-level cap and improving reserve requirements. This shift aims to enhance commercial viability and utility compared to the EU's more stringent MiCA framework, which enters full enforcement on July 1, 2026.
medium impactbullishGBP-pegged stablecoins
Why It Matters
The BoE's move signals a shift toward more flexible, commercially viable regulation for stablecoins, potentially positioning the UK as a competitive alternative to the EU's MiCA regime for crypto-native firms.