New UK Crypto Regulations: Impact on Stablecoins & Investors
UK crypto regulations are undergoing some pretty significant changes right now as Chancellor Rachel Reeves recently announced Britain’s first comprehensive rules for digital assets. These new UK crypto regulations seem to aim at finding a balance between innovation and also investor protection, especially in the face of increasing crypto market volatility. Also Read: China CBDC Deal With 10 ASEAN & 6 Middle Eastern Nations – Real or Fake How UK’s New Crypto Regulations Impact Stablecoins, Market Risks, and Investor Security Source: CryptoSlate UK Crypto Regulations for Stablecoins The UK crypto regulations will exempt overseas stablecoin issuers from various compliance requirements. This stablecoins regulation approach is actually quite different from the EU’s much stricter stance, which requires all companies selling to EU investors to secure European regulatory authorization. Stablecoins regulation has become increasingly crucial as approximately $240 billion of thes...