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Bank of England ready to water down 'overly conservative' stablecoin proposals: FT
Restrictions proposed by the BOE prompted criticism from the crypto industry, which said they risked preventing the U.K. from being competitive in the digital economy.
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cryptobriefing.com
Bank of England ready to scrap £20,000 stablecoin ownership cap after backlash
The Bank of England may lift the £20,000 stablecoin cap after industry feedback, prioritizing flexible regulation and market stability.
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decrypt.co
Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure - Decrypt
BoE officials are reportedly reviewing caps and reserve rules as the UK tries to keep stablecoin issuers onshore.
