Wednesday, 6 April 2022

UK: The regulatory approach to cryptoassets, stablecoins, and distributed ledger technology in financial markets

Following a consultation last year, the Government has published further details in respect of its planned regulatory approach to cryptoassets, stablecoins, and distributed ledger technology in the financial markets: see here (pdf). It is proposed, amongst other things, to bring within the regulatory perimeter activities facilitating the use of certain stablecoins when used as a payment method.

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