‘Keep pace’ or fall behind: CryptoUK says US-aligned rules key to UK crypto revival
PositiveCryptocurrency

CryptoUK emphasizes the importance of aligning UK cryptocurrency regulations with those in the US to foster a revival in the sector. The Bank of England is initiating a consultation on new stablecoin rules that reflect the US's approach to fiat-pegged crypto assets. This move is significant as it could enhance the UK's competitiveness in the global crypto market and provide clearer guidelines for businesses operating in this space.
— Curated by the World Pulse Now AI Editorial System