Crypto Industry Unimpressed by Possible Exemptions from Bank of England Stablecoin Cap
Yahoo Finance·2025-10-10 17:30
News that the Bank of England could allow certain exemptions for its planned stablecoin holding cap has been greeted with muted enthusiasm from within the UK crypto industry, with stakeholders calling for the proposed limits to be "recalibrated." The potential waiver would enable crypto-exchanges and other large entities to exceed the mooted £10 million ($13.3 million) limit for businesses. This holding limit drew criticism from the UK crypto industry in September, when it emerged that the central bank i ...