UK Lords warn BoE could regulate pound stablecoins into irrelevance

A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.
Source: UK Lords warn BoE could regulate pound stablecoins into irrelevance (https://cointelegraph.com/news/lords-warn-bank-of-england-not-to-regulate-gbp-stablecoins-into-irrelevance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)