The UK softened stablecoin rules, but may still be capping its own market

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AI Summary

The Bank of England has dropped the piece of its stablecoin plan that the industry hated most, the proposed £20,000 limit on how much sterling stablecoin any one person could hold, along with the £10 million ceiling for businesses. In their place, the central bank's June 22 policy statement set a single £40 billion cap […]
The post The UK softened stablecoin rules, but may still be capping its own market appeared first on CryptoSlate.

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