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Crypto Industry Pushes Back Against Bank of England Stablecoin Ownership Caps

Cryptocurrency groups and industry executives are urging the Bank of England to abandon proposed ownership caps on systemic stablecoins, £10,000–£20,000 (about $13.5K to $27K) for individuals and £10 million (about 1.35M...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto Industry Pushes Back Against Bank of England Stablecoin Ownership Caps
Cryptocurrency groups and industry executives are urging the Bank of England to abandon proposed ownership caps on systemic stablecoins, £10,000–£20,000 (about $13.5K to $27K) for individuals and £10 million (about 1.35M) for businesses, arguing the limits would put the UK at a competitive disadvantage versus the US and EU and be costly or infeasible to […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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