UK
UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe
There’s been at least a bit of delay in the framework thanks to recent resignations from Prime Minister Boris Johnson's government.
Rishi Sunak Resigns as UK Finance Minister
The now-former minister wanted the country to become a crypto hub and announced a number of plans for the digital sector in April.
UK Financial Regulator Hires Former Police Officer to Head New Crypto Unit
Matthew Long will be responsible for payments and digital money at the Financial Conduct Authority.
Bank of England Panel Calls for Enhanced Crypto Regulation to Limit Contagion
The loss of $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Financial Policy Committee said.
DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator
The advice comes from those who participated in a forum the Financial Conduct Authority held to hear from the digital assets industry.
Tether to Issue Sterling-Pegged Stablecoin, GBPT
The token will be pegged 1:1 to the British pound and will launch in July.
UK Government Backtracks on Unhosted Wallet Data Collection Proposal
The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details.
Bank of England Chief Takes Victory Lap as Crypto Crumbles
Andrew Bailey, the head of the U.K. central bank, was testifying in Parliament on Monday afternoon.
UK Government Proposes Stablecoin Safeguards After Terra Collapse
The measure would give the Bank of England more power over failed stablecoin issuers.
