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News Explorer — Mixed Reactions From UK Crypto Industry on Bank of England's Proposed Stablecoin Holding Limits

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Oct 10, 9:30 am
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Mixed Reactions From UK Crypto Industry on Bank of England's Proposed Stablecoin Holding Limits

The Bank of England's potential waiver on stablecoin holding limits has received mixed reactions from the UK crypto industry, with calls for recalibration. The central bank's proposed cap, which would restrict individuals and businesses, has faced criticism for being cumbersome and impractical.

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