Progress

Current status
processing consultation
02 Aug 2022 processing consultation
31 May 2022 in consultation

Scope

Implementers
United Kingdom
Policy Area
Other operating conditions
Policy Instrument
Other operating condition, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national

Timeline of events

02 Aug 2022
processing consultation

Consultation closed on Managing the Failure of Systemic Digital Settlement Asset Firms

On 2 August 2022, the UK Treasury closed its consultation on managing the failure of systemic digital settlement asset (DSA) firms that was opened on 31 May 2022. The consultation defines DSA to include stablecoins and wider forms of digital assets …

Source
Event type order
Action type consultation closed
Government branch executive
Government body central government
31 May 2022
in consultation

Consultation opened on Managing the Failure of Systemic Digital Settlement Asset Firms

On 31 May, the UK Treasury opened a consultation on managing the failure of systemic digital settlement asset (DSA) firms until 2 August 2022. The consultation defines DSA to include stablecoins and wider forms of digital assets used for payments an…

Source
Event type order
Action type consultation opened
Government branch executive
Government body central government