UK dilutes stablecoin capital requirement in final crypto rulebook

The United Kingdom has reduced capital requirements for stablecoin issuers in its final cryptocurrency rulebook. According to Channel NewsAsia, the move aims to boost market competitiveness while maintaining regulatory oversight. Stablecoins—digital currencies pegged to traditional assets like the pound sterling—will now operate under less stringent capital buffers. The change could encourage faster innovation and new market entry for crypto firms in the UK.

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