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UK Treasury to regulate some stablecoins


James

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The Treasury has announced that it will regulate some cryptocurrencies as part of a wider plan to make the UK a hub for digital payment companies. Separately, the Treasury said it will ask The Royal Mint to create a Non-Fungible Token (NFT). The Treasury has not yet confirmed which stablecoins will be regulated, however well-known ones include Tether and Binance USD.

https://www.bbc.co.uk/news/business-60983561

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