UK Expected To Implement Stablecoin Legislation Within Months

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The UK is poised to implement stablecoin legislation within months, aligning with the EU's MiCA framework, indicating the growing regulatory landscape for digital assets.

According to Foresight News, Circle's Global Policy Chief Dante Disparte stated in an interview with CNBC that the United Kingdom is expected to introduce stablecoin legislation within months rather than years. Disparte emphasized that the UK needs to catch up with the European Union, which has already begun regulating stablecoins under the Markets in Crypto-Assets (MiCA) framework.

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