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🇬🇧 BRITAIN STILL TAXES
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Merlijn The Trader
06/23 15:10
🇬🇧 BRITAIN STILL TAXES EVERY STABLECOIN BEFORE IT'S EVEN ISSUED
The BoE dropped its holding caps. The industry cheered.
But Aave's founder spotted the catch.
30% of reserves, locked at the central bank, earning nothing.
A tax on issuing in Britain.
And issuers move to where the rules pay.
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