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United Kingdom: Announced DLT, stablecoin and crypto-asset 2023 regulatory agenda

Policy overview

Description

Announced DLT, stablecoin and crypto-asset 2023 regulatory agenda

On 10 January 2023, the UK Economic Secretary of the Treasury and City Minister, Andrew Griffith, outlined the 2023 regulatory agenda for the crypto-asset sector at a UK Parliamentary. The Minister announced that the Treasury will introduce new legislation to include crypto as part of financial services promotion to enhance consumer protection. Finally, the Minister announced that the Treasury will launch two consultations on central bank digital currency (CBDC) and broader crypto-asset regulation.

Original source

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
executive
Government Body
central government

Complete timeline of this policy change

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2023-01-10
under deliberation

On 10 January 2023, the UK Economic Secretary of the Treasury and City Minister, Andrew Griffith, o…

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