Crypto World News reports that Brian Armstrong tweeted that the UK stablecoin regulations are about to be finalized, which could impact its global competitiveness in the digital economy. The Bank of England proposed setting limits on the amount of stablecoins held by individuals and businesses, a move that could hinder innovation and undermine the UK's position as a financial center.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto World News reports that Brian Armstrong tweeted that the UK stablecoin regulations are about to be finalized, which could impact its global competitiveness in the digital economy. The Bank of England proposed setting limits on the amount of stablecoins held by individuals and businesses, a move that could hinder innovation and undermine the UK's position as a financial center.