UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
[ad_1] Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking. [ad_2] Source link
[ad_1] Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking. [ad_2] Source link
[ad_1] However, the Bank of England has indicated in its consultation response that it is sticking with its 10,000-20,000 British pound cap ($12,727.6 – $25,460.6) on holdings for now but may review this in future as many academics and FinTech providers preferred either this or having no limit at all. The committee also suggested that … Read more