UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

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Source: Coindesk.com

The U.K. will issue new legislation for stablecoins as well as crypto staking, exchange and custody by June or July this year, Economic Secretary Bim Afolami said. The Conservative-party-led government has said it wants to make the U.K. a global hub for crypto and passed legislation last year to recognize crypto and stablecoins as regulated financial activities

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Source: Coindesk.com

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