BoE Deputy Governor Breeden Signals Retreat on UK Stablecoin Ownership Limits
Key Takeaways Bank of England Deputy Governor Sarah Breeden told the Financial Times (FT) its stablecoin ownership limits may have been “overly conservative.” The BoE plans to lower its 40% central bank deposit requirement, which is stricter than U.S. rules, hurting UK stablecoin profitability. Breeden signaled the BoE sees no urgency to raise rates in
