Archives for: June 1st, 2022

UK Treasury takes a step forward in regulating cryptocurrency companies

Written by: ( June 1, 2022 )

The UK Treasury has submitted proposed legislation to regulate cryptocurrency businesses. In the wake of the Terra LUNA and UST crypto collapses, it published a consultation paper on May 31. The paper highlighted the importance and impact of stablecoins on innovation, as well as their financial stability in general, should systemic failures occur. It demanded […]