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UK MPs Press for Overhaul of Stablecoin Rules to Protect Financial Stability and Competitiveness
Lawmakers in the UK Parliament are calling on the country’s central bank to rethink its proposed regulatory approach to digital settlement assets, arguing that the current strategy could undermine Britain’s competitiveness in the fast-growing financial technology sector. The intervention follows consultations in which regulators suggested imposing strict limits on how much digital currency individuals and businesses would be permitted to hold within the domestic market. Mem
12 hours ago4 min read
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