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UK is preparing new crypto regulations for stablecoins: Part 2

7 Nov 2023 1 minute read 8 comments Yugocean

UK is preparing new crypto regulations for stablecoins: Part 1      The BoE and the FCA have put forward a stablecoin regulatory proposal covering payment systems and are seeking public feedback. Need for regulation      The financial stability of...

UK is preparing new crypto regulations for stablecoins

31 Oct 2023 1 minute read 4 comments Yugocean

   The United Kingdom recently regulated the cryptocurrency industry, and it is currently developing new, lawful legislation for stablecoins based on fiat-currency. Stablecoin Consistency      Stablecoins are designed to stabilise the market while...

New UK crypto regulations weigh heavily on the crypto industry

10 Oct 2023 1 minute read 6 comments Yugocean

     The UK's new regulations have come into force, and the crypto industry in Britain has started bearing heat. FCA issued a warning      The Financial Conduct Authority (FCA), the UK's financial watchdog, has mow warned the crypto industry after i...

The Crypto regulation Bill becomes law in UK

30 Jun 2023 1 minute read 3 comments Yugocean

After the approval of King Charles III, the Financial Services and Markets Act 2023 has become law in the United Kingdom, and crypto will now be considered a currency in the UK. The New Law and Crypto The Financial Services and Markets Bill was a g...