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Bank of England faces calls from UK lawmakers to ease stablecoin plans
LONDON, June 3 : British lawmakers urged the Bank of England on Wednesday to soften planned rules on stablecoins, warning that overly strict requirements could hinder the development of a nascent sterling-backed market.A cross-party House of Lords committee said the central bank should reconsider proposals to
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coindesk.com
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
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channelnewsasia.com
Bank of England faces calls from UK lawmakers to ease stablecoin plans
LONDON, June 3 : British lawmakers urged the Bank of England on Wednesday to soften planned rules on stablecoins, warning that overly strict requirements could hinder the…
