Bank of England Confirms Plans for 'Temporary' Stablecoin Holding Limits

The Bank of England (BOE) has proposed a regulatory regime for stablecoins, including "temporary" holding limits: £20,000 per coin for individuals and £10 million for businesses. These limits are intended to be removed once the financial system fully transitions to incorporating stablecoins. The BOE suggested exemptions might be granted to entities like crypto exchanges or supermarkets that need to hold large balances. The limits aim to curb risks to the commercial banking sector, according to Deputy Governor Sarah Breeden. Separately, the BOE proposed that issuers of systemic, sterling-denominated stablecoins must hold up to 60% of their backing assets in short-term U.K. government debt, with the rest in unremunerated BOE accounts, though transitioning systemic issuers get a temporary 95% debt allowance. The proposals are open for consultation until February 10, 2026.

(Source：CoinDesk)