Crypto groups hit out at Bank of England plan to limit stablecoin ownership
Proposals would give UK much stricter rules for market than US or EU
Proposals would give UK much stricter rules for market than US or EU

Central bank partly backs down after industry criticism over plan for digital tokens

Deputy governor says initial plans may have been ‘overly conservative’ and central bank ‘looking very hard’ at alternatives

Country risks missing next phase of mainstream adoption now under way

New group established as London seeks to revive capital markets and Trump administration embraces crypto industry

Regulators raise concerns about the rise of privately controlled currencies

Issuers should be allowed to pay interest on stablecoins — just as lenders can on dollars