UK’s 1% Stablecoin Capital Rule: Can London Undercut MiCA Without Inviting Risk?
UK 1% capital floor for stablecoin issuers undercuts EU MiCA’s 2% as the BoE requires 30% reserves at the central bank and up to 70% in short gilts.
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UK 1% capital floor for stablecoin issuers undercuts EU MiCA’s 2% as the BoE requires 30% reserves at the central bank and up to 70% in short gilts.