Crypto Industry Pushes Back Against Bank of England Stablecoin Ownership Caps

Cryptocurrency teams and business executives are urging the Financial institution of England to desert proposed possession caps on systemic stablecoins, £10,000–£20,000 (about $13.5K to $27K) for people and £10 million (about 1.35M) for companies, arguing the boundaries would put the UK at a aggressive drawback versus the US and EU and be pricey or infeasible to […]



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