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UK Treasury Opens Public Consultation On Regulatory Approach To Cryptocurrencies And Stablecoins

Mary Liu

Summary: The UK Treasury has issued a document to conduct public consultation and feedback on the UK's regulatory approach for cryptocurrencies and stablecoins. The deadline for comments is March 21. The feedback includes how regulations use new technologies and support innovation and competition while reducing consumer and stability risks; the role of cryptocurrencies and stablecoins in payment ...

The UK Treasury has issued a document to conduct public consultation and feedback on the UK's regulatory approach for cryptocurrencies and stablecoins. The deadline for comments is March 21. The feedback includes how regulations use new technologies and support innovation and competition while reducing consumer and stability risks; the role of cryptocurrencies and stablecoins in payment and investment; how to use blockchain or distributed ledger technology in financial markets, etc.

By Mary Liu

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