Our CEO Benoit Marzouk was featured in Bloomberg today regarding the BOE softening their approach on stablecoin holding limits
"There’s really a small window to get things right, it could be really damaging for the UK, if we had this limit for both retail and companies. As a business, you can’t do anything with £10 million.”
Bank of England Deputy Governor Sarah Breeden hinted that UK regulators may soften their relatively strict approach to limits on stablecoin holdings which sparked a backlash from the digital asset industry.
bloomberg.com/news/articles/…