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    Home UK Delays BOE Stablecoin Feedback Deadline To Feb.12

    UK Delays BOE Stablecoin Feedback Deadline To Feb.12

    ByFebruary 8, 2024, 5:14 AM1 Mins read42 Views
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    UK Delays BOE Stablecoin Feedback Deadline To Feb.12

    The Bank of England (BOE) has extended the comment period for its discussion paper on stablecoin regulation to February 12, allowing stakeholders more time to provide insights.

    The Financial Conduct Authority (FCA) has maintained its original deadline for comments on a related discussion paper, which remained due on February 6.

    This move is part of the UK’s strategy to create a comprehensive regulatory framework for crypto-assets, which includes the release of discussion papers by both the BOE and FCA on November 6.

    (With inputs from Shikha Singh)

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