UK Crypto Groups Criticize Bank Of England’s Proposal To Cap Stablecoin Ownership – Report
Crypto business teams have reportedly urged the Bank of England (BoE) to scrap a proposal to restrict stablecoin possession within the UK, arguing that it could be detrimental to the pound and a “step within the fallacious route.” BoE Exploring Stablecoin Ownership Cap On Monday, the Financial Times (FT) reported that crypto teams have closely…