PANews, June 22 – According to Reuters, the Bank of England released its final policy and draft rules for stablecoins on Monday, easing some of the proposals put forward in last year’s industry consultation. The Bank of England scrapped plans for individual holding caps and instead opted to limit the total issuance of each stablecoin, with an initial cap of £40 billion (approximately $52.84 billion). The central bank also slightly relaxed reserve asset requirements and plans to finalize the rules by the end of this year.