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HomeBusinessBank of England faces calls from UK lawmakers to ease stablecoin plans

Bank of England faces calls from UK lawmakers to ease stablecoin plans

LONDON, June 3: British lawmakers urged the Bank of England on Wednesday to soften planned rules on stablecoins, warning that overly strict requirements could hinder the development of a nascent sterling-backed market. A cross-party House of Lords committee said the central bank should reconsider proposals to

Read full story on Channel Newsasia

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