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An illustration picture shows gold plated souvenir cryptocurrency Tether (USDT), Bitcoin, and Ethereum coins arranged beside a screen displaying a trading chart, in London on May 8, 2022. Justin Tallis/AFP via Getty Images
Plans to regulate stablecoins have been revealed amid the UK government’s attempt to safeguard the widespread use of digital assets.
The Bank of England (BoE) and the Financial Conduct Authority (FCA) have requested feedback from the public and the industry on their approach to regulating stablecoins.
Evgenia Filimianova is a UK-based journalist covering a wide range of international stories, with a particular interest in foreign policy, economy, and UK politics.
