Person holding a smartphone with a digital wallet near the Bank of England building in London during golden hour.
Bitcoin News

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 […]