The UK publishes final rules for the regulation of cryptocurrencies and stablecoins, with plans to introduce legislation on fiat-backed stablecoins i
According to CoinDesk, the UK government released its final rules on cryptocurrencies and stablecoins on Monday. The government plans to introduce cryptocurrency regulation in stages, starting with fiat-backed stablecoins, and then adding other cryptocurrency-related areas including algorithmic stablecoins.The document states that legislation on fiat-backed stablecoins is planned to be introduced in early 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x XAUT: Trade futures to share 5 XAUT!
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 3.5% APR and trade to unlock an additional pool of 188,888 WARD
Bitget unified trading account now supports LTCUSD, BCHUSD, ETCUSD Coin-M Futures trading
Bitget unified trading account now supports LTCUSD, BCHUSD, ETCUSD Coin-M Futures trading
