Crypto Industry Skeptical of Proposed Stablecoin Caps from Bank of England
Many in the crypto space are unconvinced by new proposals from the Bank of England to exempt certain stablecoins from caps.
While the exemptions aim to ease restrictions on trusted issuers. Critics argue they could introduce unfair competition and create regulatory arbitrage. Some stakeholders warn that exempting select stablecoins undermines the principle of a level playing field.
They fear it may favor incumbents over smaller projects and stifle innovation. Others note that unless transparency, accountability, and compliance standards are enforced, exceptions may do more harm than good. Potentially weakening overall trust in crypto regulation.
Clever Robot News Desk 13th October 2025
