Stablecoin industry opposes Bank of England’s unhosted wallet ban
The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins.
Why this matters
This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath
Coinbase’s new partnership with payments platform Moov gives community banks and credit unions a route to offer stablecoin service...
Thailand’s stablecoin proposal would block transfers to other people’s wallets
Thailand’s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply na...
World Trade Organization warns fragmented regulations hinder stablecoin adoption
Regulatory fragmentation limits stablecoin potential, hindering global commerce and disproportionately affecting smaller businesse...
77 state banking associations seek changes to CLARITY legislation to ban balance-based stablecoin rewards
The push to amend the CLARITY Act highlights tensions between traditional banks and stablecoin issuers, potentially reshaping fina...
XRP’s 30% monthly rebound meets a $4.6 million liquidity trial inside XRPL’s $1.1 billion stablecoin boom
Stablecoins on the XRP Ledger swelled to $1.126 billion as XRP logged a 29.7% monthly rebound, putting the network's value-capture...
The biggest vulnerability in your Bitcoin wallet might be the shipping label
Hardware wallets might be able to protect your keys, but the paperwork from buying them could expose your identity. To buy a hardw...