LONDON, June 22 : The Bank of England relaxed some of its proposed rules on stablecoins in its final policy and draft rules on Monday, responding to widespread concern they could hinder the development of the nascent sterling-backed market. The BoE scrapped plans to cap individual holdings, opting instead to

LONDON, June 22 : The Bank of England published its final policy and draft rules for stablecoins on Monday, easing some proposals set out for industry consultation last year. The BoE scrapped plans to cap individual holdings, opting instead to limit total issuance per stablecoin, initially set at £40 billio