Page 12 - Cryptoassets Taskforce News Today

UK regulatory changes forStablecoins and cryptoassets on the horizon Getty Images The Consultation represents the first stage in the government’s consultative process with industry and stakeholders on the broader regulatory approach to cryptoassets and stablecoins. It seeks views on how the UK can ensure that its regulatory framework is equipped to harness the benefits of new technologies, supporting innovation and competition, while mitigating risks to consumers and stabilit...

Her Majestys Treasury requests and requires the crypto industrys input on prospective regulation. In a Thursday announcement of open consultation, the United Kingdoms finance policy department is asking the crypto community to weigh in on a series of proposals: "The government invites views from a wide range of stakeholders, and particularly firms engaged in cryptoasset activities."  While Brexit formally came into effect early last year, New Years Eve was the end of freedom to work and live ...