Svmuu News: Brian Armstrong, CEO of Coinbase, posted on Twitter that the UK’s stablecoin regulations are being finalized and may hinder the UK’s competitiveness in the global digital economy. For example, the Bank of England has proposed setting limits on stablecoin holdings for individuals and businesses.As a long-standing financial hub, it is particularly important for the UK to embrace and encourage innovation, especially as other countries are rapidly advancing. The current regulatory direction runs counter to this and could become a barrier to innovation. If you are from the UK, you can sign the petition via @StandWCrypto_UK to advocate for a strategy that supports blockchain and stablecoin innovation.