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Crypto Industry Pushes Back Against Bank of England Stablecoin Ownership Caps

Bitcoin.com

Bitcoin News / Bitcoin.com 114 Views

Crypto Industry Pushes Back Against Bank of England Stablecoin Ownership CapsCryptocurrency groups and industry executives are urging the Bank of England to abandon proposed ownership caps on systemic stablecoins, £10,000–£20,000 (about $13.5K to $27K) for individuals and £10 million (about 1.35M) for businesses, arguing the limits would put the UK at a competitive disadvantage versus the US and EU and be costly or infeasible to […]
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