The lawmakers also cautioned against the proposed 10,000- 20,000 British pound ($12,663 – $25,320) holding limit, and instead proposed a lower limit similar to the 3000 euro cap proposed by the EU’s European Central Bank “to reduce the risk of large-scale outflows from bank deposits into digital pounds… with a view to increasing it over time.”

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• Source: https://www.coindesk.com/policy/2023/12/04/uk-lawmakers-urge-lower-digital-pound-holding-limits/?utm_medium=referral&utm_source=rss&utm_campaign=headlines