Zin en onzin van cryptovaluta

[Lievergezond]

Citaat uit artikel hieronder in relatie met hetgeen ''Gigi'' in het citaat hierboven zegt
(o.a. ''Dear legislators, Are you prepared to outlaw thought itself?
Should math be illegal?
Do you genuinely believe that outlawing speech is a good idea?''):

''Er bestaat een concept van een unhosted wallet, waarbij je geen walletprovider hebt die een gereguleerde entiteit is en ervoor zorgt dat aan AML- en KYC-criteria wordt voldaan.
Unhosted wallets zullen in het Verenigd Koninkrijk niet toegestaan zijn.''

“There is this concept of an unhosted wallet, where you haven’t got a wallet provider who is a regulated entity ensuring that AML, KYC criteria are complied with.
Unhosted wallets will not be permissible in the UK.''

Bank of England to ban self hosted stablecoins as Lords focus on holding limits - Ledger Insights - blockchain for enterprise

The UK will prohibit individuals from holding stablecoins outside the regulated financial system. Speaking at a House of Lords Committee hearing on

www.ledgerinsights.com

Bank of England to ban self hosted stablecoins as Lords focus on holding limits​

March 11, 2026
by Ledger Insights

The UK will prohibit individuals from holding stablecoins outside the regulated financial system. Speaking at a House of Lords Committee hearing on systemic stablecoins, Bank of England Deputy Governor Sarah Breeden confirmed that self hosted wallets will not be permitted under the UK’s stablecoin regime. The ban would apply across all stablecoins, not only those designated as systemic.

“There is this concept of an unhosted wallet, where you haven’t got a wallet provider who is a regulated entity ensuring that AML, KYC criteria are complied with. Unhosted wallets will not be permissible in the UK. They are permissible in the US regime,” Breeden said.

Self hosted wallets allow individuals to hold assets directly without using an intermediary, and are a foundational feature of blockchain technology. Their prohibition is significant. The committee did not linger on the point. That a government would prohibit individuals from holding stablecoins outside the financial system passed without debate. The hearing’s energy was reserved for a different question, one with no current practical effect.

Systemic stablecoin rules would not affect current stablecoin usage at all. They are designed for a future in which a stablecoin becomes widely used in everyday payments, not for existing crypto transactions. The Bank of England has proposed limits of £20,000 for individuals and £10 million for businesses, and has received extensive pushback from industry.