Britain’s Stablecoin Pivot Looks Like Concession, but It’s Really About Financial Positioning – U.Today
Regulation eases under pressure Risks of stablecoin outflows The decision by the Bank of England to soften certain aspects of its proposed stablecoin regime will inevitably be portrayed as a win for the cryptocurrency sector. The BoE retreated from its initial 2023 framework, which mandated that stablecoin reserves be held solely in non-interest-bearing central bank...
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