Britain would have the power to regulate all #cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will almost certainly pass.

Separately on Thursday, Bank of England Deputy Governor Sam Woods said the central bank is moving forward to create a regulatory framework for systemic stablecoins. This will allow both non-banks and BoE-regulated banks to innovate, and a public consultation paper on the new regime will be published next year, Woods said.

#blockchain #cryptocurrency

https://www.reuters.com/world/uk/britain-proposes-regulation-all-cryptoassets-2022-10-27/
@NFSC777

10/29/2021 Miles Guo：
Cryptocurrencies' value is decentralized blockchain technology with centralized accountability.

➡️@NFSCSpeak

#MilesGuo #Crypto #Bitcoin
#TakeDownTheCCP #Blockchain