UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.
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Bank of England
Future Digital Pound Legislation Will Provide Protections to Privacy and Control
However, the Bank of England has indicated in its consultation response that it is sticking with its 10,000-20,000 British pound cap ($12,727.6 - $25,460.6)…