The Bank of England (BoE) has released revised proposals for UK stablecoin regulation, easing earlier strict backing requirements. Under the new plan, issuers may invest up to 60 % of backing assets in short-term UK government debt (formerly required to hold 100 % with the BoE). A transitional cap of 95 % applies when moving from Financial Conduct Authority oversight. The shift reflects industry feedback and targets launch of the stablecoin regime by 2026. ([turn0news39])