They wrote: “We have a choice. We can let the Bank of England cap innovation, stifle entrepreneurs and push capital offshore – or we can seize the opportunity, set the rules in Parliament and lead the world.”Mr Farage and Mr Yusuf said they would pave the way for widespread cryptocurrency use if elected.While Mr Bailey has not directly rejected stablecoins, he told MPs this year he would need “a lot of convincing that the use case was made”.Rachel Reeves, the Chancellor, also risks a clash with Mr Bailey ov ...