Data Privacy & Security Data Privacy & Security

Stablecoins face prudential and conduct rules from UK; Bitcoin would escape full oversight

By Fiona Maxwell
  • 07 Jan 2021 11:59
  • 23 Feb 2021 08:58
Stablecoins such as the Facebook-led Diem, formerly Libra, could soon be subject to regulation including capital and liquidity requirements alongside conduct and financial crime measures, a new UK finance ministry consultation indicates.

Cryptocurrencies such as Bitcoin look set to escape full regulatory oversight as the government said today that the use of

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