UK Government Proposes Stablecoin Safeguards After Terra Collapse

UK plans new safeguards for stablecoins after Terra collapse

Terra Luna crash brings stablecoins under regulatory scrutiny, what

Terra Luna

UK government has outlined amending current rules to mitigate “systemic” risk posed by stablecoins firms and wants to ensure that the dramatic fallout of the Terra project does not

Terra Luna, the headline cryptocurrency, has brought stablecoins under regulatory scrutiny from governments and central banks across the world. Last week, as the

UK Government Proposes Stablecoin Safeguards After Terra Collapse. The measure would give the Bank of England more power over failed stablecoin issuers. The U.K.

The UK Treasury is proposing

The UK Treasury is proposing an insolvency regime to manage the failure of major crypto stablecoins after the collapse of terra earlier this month sent shockwaves

Britain wants to make sure stablecoins don't end up threatening the wider financial system following the collapse of controversial crypto project Terra. The government

UK Treasury proposes insolvency regime to manage stablecoins’

Recently

The UK Proposes Guidelines to Regulate Stablecoins

Recently, the government of the UK proposed amending the existing legislation to deal with the failure of stablecoin issuers, which could constitute a systemic concern. This comes after the

UK: the Crown wants to regulate stablecoins - The Cryptonomist

Following the collapse of the

UK Double Down On Stablecoin Regulations Fearing Knock-On

Following the collapse of the Terra-LUNA project and the ecosystem’s stablecoin, UST, the Treasury Department in the UK has stated that it wants to regulate the