The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have the potential for everyday payments. “It is important for policymakers to set out the regulatory requirements so […] The post Bank of England and UK's FCA Propose Plans to Regulate Stablecoins appeared first on Cryptonews...
The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have the potential for everyday payments. “It is important for policymakers to set out the regulatory requirements so […] The post Bank of England and UK's FCA Propose Plans to Regulate Stablecoins appeared first on Cryptonews...
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