Bank of England Proposes £20,000 Cap on Stablecoin Holdings
Bank of England's proposed £20,000 cap on individual stablecoin holdings aims to prevent rapid deposit flight from commercial banks, though industry leaders criticize the restrictions as overly cautious compared to America's framework under the GENIUS Act.The post Bank of England Proposes £20,000 Cap on Stablecoin Holdings appeared first on Cryptonews.