Coinspeaker
UK Government Publishes Regulatory Framework for Crypto Assets and Stablecoins to Prevent FTX 2.0
The United Kingdom policymakers have in the past year worked closely with different financial institutions and other stakeholders in formulating detailed regulatory frameworks for cryptoassets and stablecoins. According to CryptoUK, the trade body formed to represent the digital asset sector in the UK, the recent publication by the HM Treasury (HMT) on the Future Financial Services Regulatory Regime for Cryptoassets that was in response to the initial consultation on Managing the Failure of Systemic Digital Settlement Assets has provided a clear overview on the fiat-backed stablecoins.
Moreover, the country has recorded a notable demand for fiat-backed stablecoins to reduce the high cost of transactions associated with traditional payments. Notably, the UK proposed measures on cryptoassets and stablecoins in response to the FTX and Alameda Research failure that impacted both re
We współpracy z: https://www.coinspeaker.com/uk-government-stablecoins-ftx-2-0/
