@paulatalkscrypto: If you hold or use stablecoins in the UK, this is an important update. The Bank of England has dropped its proposed limits on how many stablecoins individuals and businesses could hold. Instead, it plans to place a temporary £40 billion cap on each major systemic sterling stablecoin. It’s a significant shift that could make stablecoins much more practical for payments, businesses and tokenised finance while still protecting the wider banking system. The UK isn’t stepping away from crypto. It’s changing the rules to try and make regulated stablecoins work. #uk #stablecoins #Crypto #Cryptonews #cryptok