According to Bloomberg, the Bank of England (BoE) is considering designing "exception clauses" for the proposed holding limits in its regulatory plan for stablecoins, in response to opposition from the industry for flexible adjustments. The preliminary plan may set the upper limit for individual holdings of stablecoins at £10,000 to £20,000, while for businesses it could be £10 million. Some encryption trading platforms may be exempted if they need to hold a large amount of stablecoins. The Central Bank is also proposing to allow the use of stablecoins as settlement assets for its experimental "digital securities sandbox." Sources indicate that these "exception clauses" and exemption mechanisms have not yet been finalized, and relevant details are still under negotiation.

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