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Treasury to recognise Stablecoins and develop Cryptoasset strategy

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The Treasury has announced moves to recognise ‘Stablecoins’ as a valid form of payment and part of wider plans to make Britain a global hub for Cryptoasset technology and investment.

This is part of a package of measures to ensure the UK financial services sector remains at the cutting edge of technology and includes:

  • introducing a ‘financial market infrastructure sandbox’ to enable firms to experiment and innovate

View Full Article: Treasury to recognise Stablecoins and develop Cryptoasset strategy

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