1/ UK Announces Final Crypto & Stablecoin Regulation Proposals.
01 Nov 2023, 10:28
1/ UK Announces Final Crypto & Stablecoin Regulation Proposals 📢
The UK government is set for a phased introduction of #cryptoregulations, with legislation for fiat-backed #stablecoins scheduled for early 2023, under the supervision of @TheFCA .
Same news in other sources
201 Nov 2023, 10:28
3/ 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞
With this, the UK seeks to align #stablecoins with established 2001 financial norms.
And while# DeFi isn't in the immediate regulatory crosshairs, discussions on broader #crypto aspects are ongoing.
3/ 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞. With this, the UK seeks to align #stablecoins with established 2001 financial norms.
3/ 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞
With this, the UK seeks to align #stablecoins with established 2001 financial norms.
And while# DeFi isn't in the immediate regulatory crosshairs, discussions on broader #crypto aspects are ongoing.
01 Nov 2023, 10:28
2/ 𝐍𝐅𝐓𝐬 𝐢𝐧 𝐅𝐨𝐜𝐮𝐬
Unique #NFTs, akin to art or #collectibles, will remain outside of financial services regulation. However, exchange-based NFTs might be subjected to future financial service rules.
2/ 𝐍𝐅𝐓𝐬 𝐢𝐧 𝐅𝐨𝐜𝐮𝐬. Unique #NFTs, akin to art or #collectibles, will remain outside of financial services regulation.
2/ 𝐍𝐅𝐓𝐬 𝐢𝐧 𝐅𝐨𝐜𝐮𝐬
Unique #NFTs, akin to art or #collectibles, will remain outside of financial services regulation. However, exchange-based NFTs might be subjected to future financial service rules.