The Bank of England published a consultation paper on 10 November 2025 outlining its proposed regulatory regime for systemic sterling-based stablecoins, aiming to bring greater security and confidence to this rapidly developing sector. The proposals draw on feedback from the November 2023 Discussion Paper and are designed to align with the National Payments Vision and the Payments Vision Delivery Committee’s strategy (source).
The regulatory framework would allow systemic stablecoin issuers to hold up to 60% of their reserve assets in short-term UK government debt when fully operational. Those judged systemic at launch may temporarily hold up to 95% of assets in such instruments. Additionally, the Bank proposes temporary individual holding limits of £20,000 per coin, and £10 million for businesses, to mitigate potential risks to the broader banking system during an initial transition phase.
In the words of the Bank of England: “Today’s proposals mark a pivotal step towards implementing the UK’s stablecoin regime next year. Our objective remains to support innovation and build trust in this emerging form of money. We’ve listened carefully to feedback and amended our proposals for achieving this, including on how stablecoin issuers interact with the Bank of England. These proposals are fit for a future where stablecoins play a meaningful role in payments, giving the industry the clarity it needs to plan with confidence.”
The consultation will remain open for comments until 10 February 2026. This initiative reflects the UK’s ongoing efforts to ensure robust standards for new payment technologies while enabling safe innovation in the digital currency space. The new rules could have implications for casino players and operators considering stablecoin options for fast and efficient transactions.
- Up to 60% (or 95% at launch) of reserves in short-term UK government debt
- Temporary holding limits: £20,000 per individual, £10 million per business
- Consultation deadline: 10 February 2026
For more information on payment methods and regulatory developments relevant to UK casino withdrawals, see:
