Deep Tide TechFlow News, January 22, According to Bloomberg, UK Reform Party leader Nigel Farage expressed his views on the UK economy, taxation, and the cryptocurrency market at the World Economic Forum in Davos. Farage believes that the UK is falling behind other regions in the world in the fields of cryptocurrency and crypto trading, and criticized the Financial Conduct Authority (FCA) and the Bank of England for their lack of interest. He specifically mentioned the recent proposal by Bank of England Governor Andrew Bailey to limit the amount of stablecoins individuals can hold, stating that the UK needs more innovative management approaches, and revealed that the Reform Party has proposed the "Digital Assets and Cryptocurrency Bill."
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Deep Tide TechFlow News, January 22, According to Bloomberg, UK Reform Party leader Nigel Farage expressed his views on the UK economy, taxation, and the cryptocurrency market at the World Economic Forum in Davos. Farage believes that the UK is falling behind other regions in the world in the fields of cryptocurrency and crypto trading, and criticized the Financial Conduct Authority (FCA) and the Bank of England for their lack of interest. He specifically mentioned the recent proposal by Bank of England Governor Andrew Bailey to limit the amount of stablecoins individuals can hold, stating that the UK needs more innovative management approaches, and revealed that the Reform Party has proposed the "Digital Assets and Cryptocurrency Bill."