🇬🇧 BOE Backpedals on Stablecoin Caps: Crypto Exchanges Rejoice! 🤑
The Bank of England (BOE), that old guardian of pounds and pence, is apparently having a change of heart-or perhaps just a change of mind, thanks to a chorus of critics louder than a flock of crows at dawn. 🦅 Their initial plan? To cap stablecoin holdings at a measly $26,695 (£20,000) for individuals and $13.4 million for businesses. But the crypto crowd wasn’t having it, clucking and fussing like hens in a coop. 🐔 Now, the BOE’s reportedly granting exemptions, lest the U.K.’s crypto firms fly the coop for greener pastures abroad. 🌱








