The UK has a new name for stablecoins and a new bill to regulate crypto

The UK has a new name for stablecoins and a new bill to regulate crypto

The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (

The recognition of crypto and digital assets as financial instruments is yet to be scribed into law. The Bill must pass crucial steps: The House of Lords will be required to approve or amend the Bill before final royal approval by the new monarch, King Charles III.