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United Kingdom groups reject stablecoins bill

United Kingdom groups reject stablecoins bill


Cryptopolitan
2024-02-09 21:37:46

In the United Kingdom, the crypto industry is facing a regulatory puzzle as industry groups push back against proposals from local regulators regarding the supervision of stablecoins. The Bank of England (BoE) and the Financial Conduct Authority (FCA) released discussion papers in November outlining their plans for regulating cryptocurrencies pegged to the value of fiat


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