UK FINANCIAL REGULATOR ASKS STABLECOIN FIRMS TO LAUNCH IN ITS βSANDBOXβ AND HELP SHAPE REGULATION
https://s.yimg.com/ny/api/res/1.2/NuV.2vvSO4aaPYQ8xdGTTA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/dlnews_702/bc8062b3c5dd3dd8f12026de16fbbdf0
βοΈ The UK Financial Conduct Authority has launched a special cohort for firms issuing blockchain-based tokens pegged to currencies like the British pound and US dollar, aiming to regulate the crypto industry.
π The FCA has launched a special cohort for firms issuing blockchain-based tokens pegged to currencies like the British pound and US dollar π The cohort aims to regulate the crypto industry in the UK π The FCA has outlined plans to support tokenisation of the UK's asset management industry π The FCA has launched an open call for comment on how it should regulate crypto companies in the country
-- #DavidGeale #LordEdVaizey #BivuDas #TimCraig #UK #EU #US #business
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