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UK?s Tough Crypto Regulator FCA Won?t Go Easy on Stablecoins, Official Says
    Posted on 11/09/2023
The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country?s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through legislation that lets stablecoins be regulated as a means of payment, the FCA has been a strict regulator and it will do most of the supervision work involving the broader crypto sector.
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