UK tables stablecoin carveout from crypto regime ahead of payments reform
The UK Economic Secretary to the Treasury, Lucy Rigby, has announced a package of fintech measures including several that cover tokenization.
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The draft statutory instrument exempts UK qualifying stablecoins from dealing-and-arranging activities under the incoming Cryptoasset Regulations, as HM Treasury folds stablecoins and tokenized deposits into a single payments framework.
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