The aforementioned Financial Services and Markets Bill, which would possibly include the guidelines for stablecoins, occurred as a part of the Queen’s Speech — a package of 38 legislative projects that was announced to the Parliament on May 10.
The Eastern end of Government Offices Great George St, where Her Majesty's Treasury is located. Source: Carlos Delgado “It’s not that existing powers cannot seize the ransomware money, but Anti-Money Laundering legislation enacted in 2002 way before crypto was incepted, is perhaps just not fit for purpose in the cryptoverse.”
“It’s vital people that have a position they can move to for safety, with regulated stablecoins we can move into a T0 settlement world and reduce the burden on the creaking and fragile traditional infrastructures.”
Cryptocurrency is what the world needs most, and crypto social networking is also what we need now.
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