UK's finance ministry opens consultation on regulating crypto and stablecoins
UK's finance ministry opens consultation on regulating crypto and stablecoins Download PDF / Print The Treasury wants to regulate the crypto space like traditional payment services. The consultation is open until March 21. Her Majesty's (HM) Treasury, the U.K.'s finance ministry, has opened a consultation on regulating crypto-assets and stablecoins to support innovation and protect consumers. The Treasury said the rise of crypto and stablecoins could pose similar financial stability and consumer risks as traditional regulated payment systems, and hence regulating the space is necessary. "We w...
Source: theblockcrypto.com