According to Wu Blockchain, Aave founder Stani Kulechov criticized the UK's current Financial Promotions regulatory framework for 'stifling stablecoin innovation.' He stated that while the system was originally intended to limit misleading crypto advertisements, it treats all crypto assets the same, managing stablecoins as if they were highly volatile tokens. This results in excessive compliance requirements for UK users, such as lengthy questionnaires and a 24-hour cooling-off period when using stablecoin products. Stani pointed out that these 'one-size-fits-all' rules make basic operations like topping up stablecoin wallets difficult, significantly increasing the cost for local teams to build compliant stablecoin and DeFi products. Ultimately, this drives users overseas, reduces entrepreneurial investment, and causes the UK to lose its competitive edge in fintech. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52619