Bank of England stablecoin caps may choke the UK’s pound-token market before launch
A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK’s regime is finalized. The Financial Services Regulation Committee published its report, Stablecoins: waiting for regulation, on June 3, turning a technical debate over reserve design into a test of whether the UK can build a pound-denominated stablecoin...
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