Amendment to UK financial services bill provides regulation for crypto activities
The bill addressed stablecoin regulation from the start. Now, the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The bill addressed stablecoin regulation from the start. Now, the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Goldman, Citi and Other Banks Reportedly Fund $270 Million Stablecoin Initiative
The stablecoin venture that 21 financial firms unveiled in September has about $270 million in commitments from its backers, with...
Any Bitcoin recovery faces a cash problem as Binance’s stablecoins fall to $32 billion
Binance showed greater nearby Bitcoin buy-order value than OKX in one November 10 sample, leaving persistent liquidity unproven. R...
Visa Adds Monad to Stablecoin Settlement Options as Institutions Seek More Rails
Visa’s growing list of blockchain settlement options reportedly has a new entrant: Monad. According to a November 10 report citing...
Texas Rep. Files Bill Letting Cities Invest $10 Million in Bitcoin
Bitcoin Magazine Texas Rep. Files Bill Letting Cities Invest $10 Million in Bitcoin A Texas lawmaker filed a bill Monday that woul...
Monad Is Now a Settlement Option in Visa’s Stablecoin Program
Monad, a Layer 1 (base-layer) blockchain, is now one of the networks that banks and payment firms in Visa’s stablecoin settlement...
Poland’s Parliament Votes 240-202 to Let Officials Freeze Crypto Before Court Review
Bitcoin Magazine Poland’s Parliament Votes 240-202 to Let Officials Freeze Crypto Before Court Review Poland’s lower house of parl...