UK Lords Add Digital Assets Strategy Requirement to Finance Bill
A House of Lords amendment would require the Treasury to consult on a UK digital assets strategy, including access to banking, payment and settlement services.
Tag: HM Treasury
UK Proposes Bank of England Payments Innovation Objective
The UK plans a secondary Bank of England objective for innovation in systemic payment systems, including those using stablecoins.
US and UK Set Shared Direction for Cross-Border Stablecoin Rules
A joint policy statement backs one-to-one reserves, protected redemption rights and pathways for regulated stablecoins to reach both markets.