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Bank of England Plan to Cap Stablecoin Holdings Draws Fire From Crypto Sector

Leave a Comment / England, Stablecoin /

The Bank of England’s plan to cap stablecoin holdings for individuals and firms has drawn industry backlash, with critics warning it could stifle growth and leave the UK lagging global peers. The post Bank of England Plan to Cap Stablecoin Holdings Draws Fire From Crypto Sector appeared first on Cryptonews…

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Bank of England Follows Europe and Canada by Cutting Interest Rates, Will the Fed Join?

Bank of England Follows Europe and Canada by Cutting Interest Rates, Will the Fed Join?

Leave a Comment / England, Follows /

The Bank of England lowered the interest rates from 5.25% to 5% earlier today in the first cut since the start of the Covid-19 pandemic in March 2020. Consequently, the UK’s central bank has followed the example set by the ECB and the Bank of Canada earlier this summer, prompting questions about the Federal Reserve’s

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