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BSCN
@BSCNews
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Joined November 2020
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UK splits its stablecoin rulebook in two The Bank of England (@bankofengland) and @TheFCA published their joint oversight plan for sterling stablecoins today. Two tiers. Smaller issuers answer to the FCA alone. Systemic ones get the Bank of England on top. Coins like ethereum:0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 and solana:Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB stay under FCA-only supervision. FCA rules begin October 2027. Feedback closes 30 September.
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