UK's Central Bank Forges Ahead With Plans for a Systemic Stablecoin Regime

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The U.K. recently passed the Financial Services and Markets Act 2023 into law which gave the BoE powers to set up a systemic stablecoin regime.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News, #Regulations, #Crypto, #BankOfEngland, #SystemicRisk

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