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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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