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What is temporary is permanent, everyone will be transferred to blockchain and limited in number, and there will be nowhere to go against the system
🚫 The Bank of England plans to temporarily limit the volumes of ownership and transactions with stablecoins initially at a level from £10,000 to £20,000 per user.
These measures will only be in effect during the transition period and will be lifted when the financial system adapts. Authorities emphasize that the goal is not a ban, but a safe integration of stablecoins into the economy.