Subscribe To
UK Adopts Crypto and Stablecoins as Regulated Financial Activity
A bill that aims to regulate cryptocurrencies and stablecoins in the UK has been approved by King Charles. Dubbed the Financial Services and Markets Act 2023, the new law classifies the trading of cryptocurrencies as a regulated activity and brings stablecoins under the scope of payment rules.The Financial Services and Markets Act 2023 gives regulators more power to govern financial systems, including the digital assets. The bill, which got the approval of the upper house last week, permits the...
Read More
Posted: Jun 30 2023, 12:48
Author Name: financemagnates
Views: 081066