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Payment Services Directive Financial Conduct Authority (FCA) Stablecoins

A&O Shearman

BoE speech on the digitalisation of money and assets: proposed stablecoin regulatory framework

A&O Shearman on

The Bank of England (BoE) has published a speech by Sarah Breeden, Deputy Governor for Financial Stability, at the Point Zero Forum. The subject of the speech was the digitalisation of money and assets, and in particular the...more

Cadwalader, Wickersham & Taft LLP

The UK Government Announces Plans for the Regulation of Fiat-Backed Stablecoins

The UK’s Treasury has released an Update on Plans for the Regulation of Fiat-backed Stablecoins. Following up on its January 2021 consultation on the UK regulatory approach to cryptoassets and stablecoins, the government’s...more

A&O Shearman

HM Treasury Publishes Plan for Regulation of Fiat-backed Stablecoins

A&O Shearman on

HM Treasury has published a Policy Paper on Plans for the Regulation of Fiat-backed Stablecoins, setting out the next steps for the implementation of stablecoin regulation in the U.K. Fiat-backed stablecoins are (under HM...more

A&O Shearman

UK Government Consults on Managing Systemic Stablecoin Firm Failures

A&O Shearman on

HM Treasury has opened a consultation on managing the failure of systemic digital settlement asset firms, including stablecoin firms. In April 2022, the U.K. government confirmed that it will bring the issuing of or the...more

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