๐ฐ BANK OF ENGLAND SETS LIMITS: ยฃ20,000 ON STABLECOINS!
Friends, regulators are starting total control over stablecoins. New rules divide stablecoins into "systemically important" and "ordinary".
๐ฅ What this means for us:
ยท Limit of ยฃ20,000 per person โ a serious blow to mass adoption.
ยท Companies are limited to ยฃ10 million โ corporate treasuries will feel the pressure.
ยท The Bank of England takes control of large stablecoins, FCA โ the rest.
๐ก Conclusion: This is just the beginning of global regulation. Countries will adopt experiences. Keep stablecoins in non-custodial wallets and in DeFi โ while it's still possible.
Time to learn how to use alternative tools. Regulators will not stop.
#Stablecoins #Regulation #BankOfEngland #CryptoNews #DeFi.

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