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Bank of England ‘killing’ UK stablecoin ambitions, body warns

City A.M. Tuesday, 29 April 2025 ()
Bank of England ‘killing’ UK stablecoin ambitions, body warnsThe Bank of England risks “killing” London’s potential to become a global hub for stablecoins with its “prescriptive” rules, an industry body has warned, as it called for the rapid creation of a regulatory regime to support use of the digital assets. London’s dominance of the foreign exchange market, in which it accounts for as [...]
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