Tagged: house of lords

UK Financial Services and Markets Bill Addresses Digital Assets, Payments

In the UK, legislation is evolving to support innovation in payments and transfers. Recently, the House of Lords supported a secondary statutory duty for the Bank of England to enable innovation in payments, including digital money. The change is part of the Financial Services and… Read More

House of Lords Report: Coinbase Warns that Restrictive Actions Could Hobble UK Stablecoin Innovation

The United Kingdom has been slow to adopt innovations in stablecoins. While frequently lumped alongside crypto, stablecoins are better described as the future of payments and transfers: improved technology to the current tech rails that enable businesses and consumers to pay bills, purchase items, and… Read More

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