UK’s 250-page stablecoin review shows it’s miles behind the curve
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最新报道：The UK government's stablecoin regulatory framework is lagging behind global standards, according to industry experts. While the Financial Services and Markets Act 2023 provides a legal basis for stablecoins, critics argue the proposed rules lack clarity on issuer requirements, reserve management, and redemption mechanisms. The Treasury's consultation paper suggests treating stablecoins as regulated payment instruments rather than adopting a comprehensive cryptoasset framework. This approach contrasts with the EU's MiCA regulations and US proposals, potentially putting UK fintech firms at a competitive disadvantage. Industry leaders warn that without clearer guidelines, the UK risks missing opportunities in the $150 billion stablecoin market while other jurisdictions advance their regulatory regimes.
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