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+--- Thread: BoE signals flexibility on stablecoin caps amid industry pushback: Report (/showthread.php?tid=6310547)
BoE signals flexibility on stablecoin caps amid industry pushback: Report - Stanley - Oct 8, 2025
BoE signals flexibility on stablecoin caps amid industry pushback: Report
The Bank of England may relax proposed caps on corporate stablecoin holdings after industry backlash, as the UK races to stay competitive in the $314 billion market.
https://cointelegraph.com/news/boe-softens-stablecoin-cap-after-industry-pushback-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
RE: BoE signals flexibility on stablecoin caps amid industry pushback: Report - Vectura - Oct 8, 2025
Interesting shift from the BoE — shows they’re realizing that over-regulating stablecoins could push innovation offshore. A bit of flexibility might be exactly what the UK needs to stay relevant in the global digital asset space.
RE: BoE signals flexibility on stablecoin caps amid industry pushback: Report - Hackers - Oct 8, 2025
Great news, I am dual citizen so I need at least one passport to not give a shit about crypto.
Regulating crypto is a huge mistake. It would be like requiring ID every time someone uses cash, and requiring a full record of that cash, and then banning cash that was once used by someone else in a crime ....
For example, in most studies for currency "handling", they are able to find cocaine, fentonyl, and other drugs on bills, all around the globe.
If you've touched a $1 bill, you've likely touched cocaine residue. It's that common.
No thanks to regulation. The losses are worth the freedoms. People can be smarter if they are concerned about their wallets.
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THAT SAID... Stablecoins should always be stable.
I am not saying there shouldn't be any laws - I'm saying they shouldn't regulate crypto in a way that prevents its general use by the public, anonymously.
For example, if someone commits fraud, that's still a crime.
If a stable coin says they're 1:1 but they lie and are actually 0.2:1 ratio, then that's troublesome.
I'm not saying no laws. There should be! But there shouldn't be technical implementations that allows a government to freeze, block, or interfere with crypto systems overall.
There should not be balance caps for how successful we're allowed to be, in a world that literally runs on capitalism as a drug.
RE: BoE signals flexibility on stablecoin caps amid industry pushback: Report - cazaputas42 - Oct 8, 2025
soy nuevo en esto y vi tu foro de que se trata todo eso no eh entendido
RE: BoE signals flexibility on stablecoin caps amid industry pushback: Report - Aeowulf - Oct 8, 2025
Stablecoin caps are weird, to say the least.
RE: BoE signals flexibility on stablecoin caps amid industry pushback: Report - Fish - Oct 9, 2025
Makes sense. Too strict limits could slow adoption and push business elsewhere.