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Bank of England Scraps £20k Stablecoin Holding Cap

Bank of England Scraps £20k Stablecoin Holding Cap

Elga Kessler June 22, 2026

The Bank of England drops £20,000 individual and £10M business stablecoin holding caps, replaced by a temporary...

State Street Launches SSCXX Stablecoin Reserve Fund

State Street Launches SSCXX Stablecoin Reserve Fund

Elga Kessler June 17, 2026

SSCXX launches as State Street's GENIUS-compliant money market fund for stablecoin reserves, joining BlackRock and Franklin in...

GENIUS Act: FDIC Lets US Banks Issue Stablecoins

GENIUS Act: FDIC Lets US Banks Issue Stablecoins

Elga Kessler June 2, 2026

The FDIC approved on April 7 a rule allowing supervised US banks to issue payment stablecoins via...

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