1153. UK Crypto Law Receives Royal Assent 👑

Tech Path Crypto Investing

English - June 30, 2023 14:44 - 27 minutes - 25.4 MB - ★★★ - 2 ratings
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A U.K. bill giving regulators the power to supervise crypto and stablecoins was approved by King Charles Thursday, marking the last formal stage that makes the bill law. Royal assent, a purely procedural step following agreement from lawmakers, makes the Financial Services and Markets Bill an Act, and includes measures to bring crypto and stablecoins into the scope of regulation.