SOLEA WEALTH & TAX’s Post

https://lnkd.in/dj246HzH Stablecoin Boom Might Spur Review of Rules, Basel Chair Says By Laura Noonan October 16, 2025 The rapid growth of stablecoins might prompt global policymakers to re-evaluate new bank capital standards for crypto assets, according to the chair of the Basel Committee on Banking Supervision. “The talk of the town is stablecoins,” Erik Thedéen, who’s also governor of Sweden’s Riksbank, said Wednesday at a conference in Washington.

US, UK Authorities to Form Digital Asset Task Force Crypto Regulation & Policy [ad_1] Treasury authorities in the US a https://lnkd.in/dBwh_XfS

Key developments of interest over the last month include: the UK government’s consultation on consolidating the Payment Systems Regulator into the FCA to streamline oversight of payment systems; the South African Reserve Bank’s proposal to allow non-bank entities direct access to the National Payment System; the UK FCA publishing a consultation on the application of its Handbook for cryptoasset activities; and the U.S. SEC and CFTC issuing joint guidance permitting spot crypto trading. Click here to find out more: https://lnkd.in/eQdB-xN9

News Alert 🇬🇧 The Bank of England plans exemptions to proposed stablecoin caps to keep pace with U.S. rules. Here's what you need to know: ■ The BOE plans to issue waivers for businesses like crypto exchanges and allow stablecoins as settlement assets in its Digital Securities Sandbox. ■ Original caps were set at £20,000 for individuals and £10 million for businesses, with formal consultation expected later this year. ■ The move follows criticism that the UK could fall behind the U.S., which recently passed the GENIUS Act establishing rules for dollar-backed stablecoins, and reflects a softening stance from Governor Bailey on stablecoin integration. The Block

A multi-stablecoin world brings choice and flexibility to an emerging and potentially vast market, writes Noelle Acheson in American Banker’s BankThink. The resulting chaos has solutions, and selection will streamline the available options even further. Read more: https://bit.ly/3VY5Hkr

Key developments of interest over the last month include: the UK government’s consultation on consolidating the Payment Systems Regulator into the FCA to streamline oversight of payment systems; the South African Reserve Bank’s proposal to allow non-bank entities direct access to the National Payment System; the UK FCA publishing a consultation on the application of its Handbook for cryptoasset activities; and the U.S. SEC and CFTC issuing joint guidance permitting spot crypto trading. Click here to find out more: https://lnkd.in/girequP8

Key developments of interest over the last month include: the UK government’s consultation on consolidating the Payment Systems Regulator into the FCA to streamline oversight of payment systems; the South African Reserve Bank’s proposal to allow non-bank entities direct access to the National Payment System; the UK FCA publishing a consultation on the application of its Handbook for cryptoasset activities; and the U.S. SEC and CFTC issuing joint guidance permitting spot crypto trading. Click here to find out more: https://lnkd.in/d7dRZJT3

Key developments of interest over the last month include: the UK government’s consultation on consolidating the Payment Systems Regulator into the FCA to streamline oversight of payment systems; the South African Reserve Bank’s proposal to allow non-bank entities direct access to the National Payment System; the UK FCA publishing a consultation on the application of its Handbook for cryptoasset activities; and the U.S. SEC and CFTC issuing joint guidance permitting spot crypto trading. Click here to find out more: https://lnkd.in/ghgtzNs8

If businesses are subject to stablecoin holding limits, then stablecoins can't be used for corporate cash management. There are more use-cases in the world than 'retail' and 'wholesale'.

To Westminster for Digital Asset Week, where the Bank of England's response to industry backlash on its plans for stablecoins is getting a lot of airtime. Clear take from Anna Irrera at Bloomberg here: