UK to Limit Stablecoin Holdings in Tougher Regime Than US

The UK plans to temporarily impose strict caps on stablecoin holdings, including a £20,000 ($26,350) limit for individuals, and allow issuers to have as much as 60% of the backing assets in short-term government debt.

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UN Security Council adopts Gulf countries’ draft resolution

The UN Security Council has passed a resolution put forward by GCC members calling on …