LONDON (Reuters) -The Bank of England said on Monday that issuers of systemic stablecoins would be able to invest up to 60% of the assets backing the digital currencies in short-term government debt, as part of a set of proposals it detailed for regulating the sector. (Reporting by Phoebe Seers; Editing by Tommy Reggiori Wilkes) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
