The UK plans to temporarily impose caps on stablecoin holdings of £20,000 ($26,350) for individuals, and allow issuers to have as much as 60 percent of the backing assets in short-term government debt ...

Systemic stablecoin issuers will be permitted to hold up to 60 per cent of backing assets in short-term UK government debt.

The plans indicate that individuals will be limited to owning up to £20,000 in UK stablecoins that are considered ...

The Bank of England proposes rules for sterling stablecoins, including backing requirements and temporary holding limits.

The Bank of England on Monday proposed that issuers of widely used stablecoins be allowed to invest up to 60% of the assets ...

The Bank of England(BoE) has published a consultation paper outlining rules for systemic sterling-denominated stablecoins.

UK stocks jumped 1% on Monday, echoing an upbeat mood across global markets on signs that a historic U.S. government shutdown could be nearing its end, while Diageo surged after it appointed a former ...

The High Court of England has ordered former PrivatBank owners Igor Kolomoisky and Gennadiy Bogolyubov to pay the bank more ...

Bank of England pauses further interest rate cuts until after this month's budget, which is likely to include income tax ...

The Bank of England has proposed a regulatory framework for GBP-backed stablecoins, including backing requirements, holding ...

The BMA resident doctors committee has announced industrial action from 7:00am on Friday 14 November to 6:59am Wednesday 19 ...

Sterling held steady on Monday as traders brushed off news of a possible end to the U.S. federal government shutdown and instead awaited important economic data this week to see what it might mean for ...