David Durand, Advisor, Innovation and Advocacy
September 9th, 2020
David Durand, LL.L., B.Sc. chem., – Founder and Managing Partner of Durand Lawyers – Lawyer (Québec)[...]
UK Consultation (Mar 21, 2021): Regulatory Approach to Cryptoassets and Stablecoins
HM Treasury (UK) | Jan 7, 2021
Consultation description
This document represents the first stage in the government’s consultative process with industry and stakeholders on the broader regulatory approach to cryptoassets and stablecoins. It seeks views on how the UK can ensure its regulatory framework is equipped to harness the benefits of new technologies, supporting innovation and competition, while mitigating risks to consumers and stability. Additionally, this document includes a call for evidence on investment and wholesale uses of cryptoassets, and the broader use of DLT in financial markets. The government invites views from a wide range of stakeholders, and particularly firms engaged in cryptoasset or DLT activities. Please submit your responses to cryptoasset.consultation@hmtreasury.gov.uk
Download the 46 page Consultation document --> here
Other links:
- OCC says Federally regulated banks can use stablecoins to conduct payments and other activities
- Regulation, Supervision and Oversight of “Global Stablecoin” Arrangements
- Unstable coins: cryptoassets, financial regulation and preventing financial crime in the emerging market for digital assets
- FCA Issues Temporary Registration Ahead of Crypto Ban to Retail Investors
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