UK Lords Urge Bank of England to Rethink Stablecoin Caps and Reserve Rules

UK House of Lords Warns Strict BoE Stablecoin Rules Could Stifle GBP-Pegged Token Innovation

House of Lords Warns Strict Stablecoin Rules Could Cripple Pound-Pegged Tokens

Bitcoin

London remains a leading crypto hub, and any perceived legislative gridlock dampens risk‑on sentiment among institutional investors who value regulatory clarity. Moreover, the UK’s broader political focus on social policy may divert attention from fintech and crypto initiatives, reinforcing the current “fearful market” backdrop reflected in the Fear & Greed index (26).

The Terminally Ill Adults (End of Life) Bill, supported by MPs, has not cleared its stages in the House of Lords and may run out of time.