Story Highlights* BoE’s Stablecoin Cap Sparks Backlash: UK’s proposed limits on stablecoin holdings face criticism over innovation risks and global competitiveness.
Industry Warns of Capital Flight: Crypto leaders argue the plan could push investors abroad as U.S. and EU avoid such caps.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto Regulation News: Bank of England Criticized Over Stablecoin Holding Limits
Story Highlights* BoE’s Stablecoin Cap Sparks Backlash: UK’s proposed limits on stablecoin holdings face criticism over innovation risks and global competitiveness.