The UK Parliament has adopted legislation to regulate stablecoins and #cryptocurrency aiming to establish the #UK as a global hub for #cryptoassets technology.
The law requires all cryptoasset enterprises to register with the Financial Conduct Authority (FCA) and empowers the #FCA to control cryptocurrency promotion. Royal Assent is required for the law , but it is expected to be signed by the Queen soon.
Do you think this action is coming to stay permanently in th United Kingdom ?
Let's hear your view at the comments 👇
