UK regulation to accommodate stablecoins and CBDCs
The United Kingdom is making significant strides towards establishing comprehensive regulations that accommodate the burgeoning cryptocurrency market, stablecoins, and central bank digital currencies (CBDCs). Varun Paul, formerly of the Bank of England (BoE) and now a senior director at Fireblocks, underscores the importance of collaborative efforts among the UK’s Treasury, BoE, and the Financial Conduct…