01/10/2025
The Bank of England is proposing limits on stablecoin holdings: £10-20K for individuals and £10M for businesses. This could reshape the DeFi landscape in the UK.
Crypto experts warn these caps could stifle innovation, hurt UK savers, and make enforcement costly and complex. Many say the UK might fall behind other countries.
A consultation is coming later in 2025 to finalize rules. Markets and investors should prepare for potential changes.
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