‍Coinbase CEO Criticizes UK Stablecoin Caps

Coinbase CEO Brian Armstrong has warned the UK that proposed stablecoin regulations, including stringent limits on holdings (£20,000 for individuals, £10 million for businesses), could hinder its global financial ambitions. These proposed restrictions by the Bank of England are seen as an "innovation blocker" that may drive liquidity offshore.

This debate comes as stablecoins are proving vital for exchanges. Coinbase reported $1.35 billion in stablecoin revenue for 2025, up from $911 million in 2024. Industry leaders argue that such "hard caps" could prevent the UK from fully participating in the tokenization economy. A public petition against the measures has garnered over 80,000 signatures ahead of a March 3 deadline.

https://cryptovka.com/news/coinbase-ceo-warns-uk-over-stablecoin-caps-as-token-profits-hit-1-3b