Will BoE’s ‘exemptions’ supercharge stablecoin rails into BTC and ETH?
The Bank of England (BoE) will exempt crypto exchanges and different operationally important companies from proposed stablecoin holding limits, doubtlessly supercharing cash into Bitcoin (BTC) and Ethereum (ETH). As Bloomberg News reported on Oct. 7, the central financial institution plans to grant waivers to companies that require giant token inventories for market-making and settlement operations,…
