The UK government has unveiled a detailed plan to make the country “a hospitable place for crypto,” said the economic secretary. cryptocurrency bitcoin $BTC
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token to be issued by the Summer.
If there is one message I want you to leave here today with, it is that the U.K. is … open for crypto businesses. He then talked about stablecoin regulation. “I can confirm that we will be legislating to bring certain stablecoins into our payments framework … creating the conditions for stablecoin issuers and service providers to operate and grow in the U.K.,” he said.
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