UK Stablecoin Rules Compared to EU and US Frameworks

[chainsniff]

Critics note that the Bank of England’s proposals may be stricter than both the EU and US.

While Europe’s MiCA and the US GENIUS Act allow large-scale stablecoin use, the UK’s proposed caps and reserve constraints could push pound-denominated activity offshore, shifting innovation to rival jurisdictions.

[Abdul Khan]

This comparison shows how fragmented stablecoin regulation still is globally.