BOE Proposes Cap on Retail Stablecoin Holdings
Bank of England proposes a £20,000 cap on retail stablecoin holdings, saying it will protect consumers. Crypto firms warn the narrow exemptions could stifle innovation and shrink the UK market.
bank of england
‘I Am Your Champion’: Nigel Farage Makes Case for UK Crypto Reform
Nigel Farage declares “I am your champion” for UK crypto, urging clearer rules and innovation-friendly oversight. As Reform UK opens to digital-asset donations, he pitches a pro-growth agenda amid rising fintech competition.
Crypto Industry Unimpressed by Possible Exemptions from Bank of England Stablecoin Cap
The crypto industry has met the Bank of England’s proposed stablecoin cap exemptions with skepticism, arguing the narrow measures fall short of fostering true innovation and will still stifle the UK market.