United Kingdom: Adopted Financial Services and Markets Bill including stablecoin regulation
Description
Adopted Financial Services and Markets Bill including stablecoin regulation
On 29 June 2023, the Financial Services and Markets Bill received Royal Assent. The Bill has been under discussion in the British Parliament since July 2022 and is expected to enhance legal clarity and support the adoption of cryptocurrencies in the…
Scope
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2022-07-20
under deliberation
2022-10-21
under deliberation