NEW: 🇬🇧 The Bank of England proposes to require systemically important stablecoin firms in the UK to fully back their issuance with non-interest bearing central bank deposits 👀😮
H/t #CaitlinLong 
NEW: 🇬🇧 The Bank of England proposes to require systemically important stablecoin firms in the UK to fully back their issuance with non-interest bearing central bank deposits 👀😮
H/t #CaitlinLong
So digital money is back by paper 📑 🤣. Fkn boomers greed. Makes no sense whatsoever....
