Global stablecoin regulation: An analysis of the current state of play

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Most lawmakers now believe that digital assets should be regulated in some form or another, and, as Dr.

The post State of play in global stablecoin regulation appeared first on CoinGeek.

Certainly, if there was a global standard companies would have an easier time understanding their obligations and staying in compliance; and from a regulatory perspective there would be no excuse for non-compliance if obligations were the same around the globe.While the EU, U.K., and U.S.might be at different stages of their regulatory journeys, if the BoE and FCA discussion papers indicate the U.K.’s direction of travel and the bills currently languishing in Congress indicate how U.S.stablecoin regulation will eventually look, there are some similarities on which to cling.

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Article Details

Author / Journalist: James Field

Category: Crypto

Markets: CanadaGermanyJapanPhilippinesSouth AfricaSwitzerlandUnited KingdomUnited States

Topics: Stablecoins European Union USDC Circle MiCA Regulation Markets in Crypto Assets BTC USDT Paolo Ardoino Business Ethereum Tether Dr. Michael Huertas Bim Afolami

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-03 @ 07:00:23 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 3750 words

Reading Time: 21 minutes read

Sentences: 101 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21132351

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