UK Reform Party opposes Bank of England's stablecoin limits and CBDC plans

The United Kingdom’s minority party Reform has formally rejected the Bank of England’s proposal to cap stablecoin holdings and its broader plan to introduce a central bank digital currency (CBDC). In a Sept. 18 statement on X, the party’s head of policy, Zia Yusuf, alongside party figurehead Nigel Farage, warned that the measures would damage […]