UK Tightens Stablecoin Regulations Amid U.S. and Global Shifts
TL;DR Summary
The UK is experiencing a political shift regarding financial policies, with Nigel Farage criticizing the Bank of England's legacy of quantitative easing and government discussions on halting gilt sales and reducing interest payments on reserves, amidst increased scrutiny on financial transparency and tech sector fraud prevention.
- Britain’s Trump-inspired U-turn on crypto politico.eu
- Bank of England softens stablecoin stance with new proposals Reuters
- Bank of England dilutes planned rules for UK stablecoins Financial Times
- Proposed regulatory regime for sterling-denominated systemic stablecoins Bank of England
- UK to Limit Stablecoin Holdings in Tougher Regime Than US Bloomberg.com
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