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Illustration of Bank of England easing stablecoin rules with a £40 billion cap and government debt reserves.
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Bank of England eases stablecoin rules with £40 billion cap

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The Bank of England has replaced proposed limits on individual and corporate stablecoin holdings with a temporary £40 billion issuance guardrail per coin. The move also allows issuers to hold more reserves in government debt while preparing for a 2027 launch of regulated stablecoins.

A 23-year-old British influencer is facing a murder charge in Dubai after allegedly stabbing a man she met online. Brooke George claims she acted in self-defense during an assault.

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Keir Starmer said on Monday that he will resign as leader of the governing Labour Party and step down as the United Kingdom’s prime minister, after losing the confidence of Labour lawmakers.

Catherine, Princess of Wales, appeared at the Trooping the Colour ceremony on June 13 in London wearing an icy blue outfit that coordinated with her sons.

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Black Sabbath guitarist Tony Iommi, DJ Carl Cox and singer Cerys Matthews have been named in the King’s Birthday Honours list. The annual list recognises contributions across the arts, public services and charity. Several other figures from music, literature and animation also received honours.

Hobby Horsing has seen rapid growth in the UK with regular weekend events attracting up to 100 participants. Young riders like 16-year-old Maisie Scaddan compete in disciplines including showjumping and dressage while preparing for the World Championships in Finland.

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The UK Department for Science, Innovation and Technology has proposed that Anthropic expand its London office and pursue a potential dual stock listing, according to a Financial Times report. This effort follows a dispute between the San Francisco-based AI company and the US Department of Defense. Officials aim to attract Anthropic amid ongoing tensions.

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