#stablecoin regulations

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Liz Truss Wins UK Election, Positive Result for Crypto Adoption?

Liz Truss Wins UK Election, Positive Result for Crypto Adoption?

Liz Truss wins the U.K.’s Conservative party leadership race leaving the crypto industry wondering if it is a part of the new prime minister’s plans moving forward. Truss beat out former Chancellor of the Exchequer Rishi Sunak, winning 57% of the party vote compared to Sunak’s 43%. She will travel with former prime minister Boris Johnson tomorrow to Balmoral Castle, where Johnson will officially…

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Just-In: UK Introduces Bill To Regulate Stablecoins For Payments

Just-In: UK Introduces Bill To Regulate Stablecoins For Payments

UK Finance Minister Nadhim Zahawi on Wednesday will be announcing support for using stablecoins for making payments under the long-awaited Financial Services and Markets Bill. The bill will help the country create a more competitive financial services sector post-Brexit. UK Finance members believe crypto assets and stablecoins present huge potential in transforming the financial landscape The…

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G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation

G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation

Finance ministers and central bank governors from the G20 nations spoke about the need for cross-border cooperation and stablecoin regulation at a recent meeting. Governmental figures from the G20 nations confirmed an often touted action for the crypto market, saying that cross-border coordination and stablecoin regulation was necessary. The G20 meeting took place in Indonesia on Jul. 15–16, and…

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