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Crypto & Digital Assets

UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements

The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value of stablecoins an individual could hold.

UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements
UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements · Photo: Unsplash

The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value of stablecoins an individual could hold.

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This article references CoinDesk. Open original source.