Restrictions proposed by the BOE prompted criticism from the crypto industry, which said they risked preventing the U.K. from being competitive in the digital economy. The Bank of England is prepared to loosen restrictions on stablecoin holdings following pressure from the digital asset industry. The industry said the BOE's proposed restrictions risked preventing the U.K. from being competitive in the digital economy. The central bank is also ready to lower its planned requirement of at le…
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