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Stani: UK stablecoin regulation policy will weaken competitiveness

Stani: UK stablecoin regulation policy will weaken competitiveness

AiCoinAiCoin2026/06/22 09:34
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Aave founder Stani stated on X that the Bank of England requires stablecoin issuers to deposit 30% of their reserves in interest-free central bank accounts and has set a £40 billion cap, a move that will weaken the UK's competitiveness. Stani pointed out that this policy undermines the economic viability of stablecoin issuance, effectively imposing a tax on issuers or forcing companies to move to offshore markets, and that regulation should remain technologically neutral.
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