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UK stablecoin industry pushes back against Bank of England’s unhosted wallet ban
The United Kingdom’s stablecoin sector is pushing back against a proposed Bank of England policy that would ban unhosted, or self-custodial, wallets for stablecoin holdings. Industry leaders warn the measure could stifle innovation, damage the UK’s competitiveness as a crypto hub, and undermine the core utility of blockchain-based assets. Bank of England’s rationale for the […]
