temporary
Bank of England Unveils Groundbreaking Regulatory Framework for Sterling Stablecoins, Proposing Temporary Holding Limits
LONDON — In a major step toward integrating digital assets into the traditional financial architecture, the Bank of England (BoE) has released a comprehensive consultation paper outlining a proposed regulatory regime for pound sterling-denominated "systemic" stablecoins. The sweeping framework introduces strict prudential standards, asset backing rules, and—most controversially—temporary per-coin holding caps of £20,000 for individual […]
Bangko Sentral ng Pilipinas Weighs Temporary Moratorium on New Payment System Licenses Amid Broader Crypto and VASP Compliance Push
Manila, Philippines — The Bangko Sentral ng Pilipinas (BSP), the central monetary authority of the Philippines, is currently evaluating a temporary moratorium on the issuance of new Operator of Payment Systems (OPS) licenses. This prospective policy shift forms part of a broader, more rigorous regulatory campaign designed to elevate compliance, governance, cybersecurity, and operational standards […]
Bank of England Unveils Comprehensive Regulatory Framework for Systemic Stablecoins: Proposes Temporary Holding Caps and Reserve Mandates
LONDON — In a major regulatory milestone for the digital assets sector, the Bank of England (BoE) has introduced a sweeping set of proposed rules governing pound sterling-denominated systemic stablecoins. The framework, designed to safeguard financial stability while accommodating technological innovation, outlines strict holding limits for both individuals and businesses, outlines asset-backing mandates, and establishes […]
