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
Trump says US economy faces transition with 60% recession risk

Bitcoin Reaches $97K Amidst Sluggish Network Activity: Time for Investor Alarm?
Unpacking the Paradox: Skyrocketing Bitcoin Values Amidst Noticeable Downturn in Network Activity

XRP price risks 45% decline to $1.20 — Here is why
Ethereum Analyst Foresees 2025 Breakout Despite Market Trends
Trending news
MoreCrypto prices
More








