On the Record by Bitcoin Policy UK

← On the Record by Bitcoin Policy UK9 okt · 17 min

Response to the Bank of England and FCA's Approach to Joint Regulation of Systemic Stablecoin Issuers

Response to the Bank of England and FCA's Approach to Joint Regulation of Systemic Stablecoin Issuers9 okt17 min

In this AI-spoken episode, we hear Bitcoin Policy UK’s response to the Bank of England and Financial Conduct Authority’s proposed approach to jointly regulating systemic stablecoin issuers. While systemic stablecoins are a different asset class to Bitcoin, Bitcoin Policy UK argues that the coherence and predictability of the framework matters because it forms part of the wider regulatory environment in which UK Bitcoin businesses operate. The paper examines what happens when a stablecoin issu...