Coinbase CEO Brian Armstrong has raised concerns over the United Kingdom's proposed stablecoin regulations, warning they could undermine the country's position in the global digital economy. Armstrong criticized the Bank of England's plans to impose limits on stablecoin holdings for individuals and businesses, arguing that such measures could stifle innovation and deter international investment. The Bank of England's regulatory framework, developed after a 2021 consultation, aims to address financial stability while fostering digital currency adoption. However, industry leaders argue that the proposed holding limits, capital requirements, and operational restrictions could push innovation to more accommodating jurisdictions. Armstrong emphasized that maintaining the UK's status as a financial hub requires embracing technological advancements rather than imposing restrictive measures. The debate over UK stablecoin regulation highlights broader concerns about balancing innovation and stability. As global competition in the digital economy intensifies, the UK's regulatory decisions will significantly impact its financial competitiveness and ability to attract investment in the burgeoning fintech sector.