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🇬🇧 UK publishes plans for stablecoins regulation The FCA will get the authority to demand from the stablecoin issuers…

🇬🇧 UK publishes plans for stablecoins regulation

The FCA will get the authority to demand from the stablecoin issuers to hold all the reserve funds in a statutory trust.💰Non-fiat-backed types of stablecoins will not be allowed into regulated payment chains.

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