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January 25th, 2023
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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
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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