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2025-05-29 09:25:39

The British Blockchain Association on Nostr: 📍🇬🇧 Financial Conduct Authority is now seeking views on proposed rules and ...

📍🇬🇧 Financial Conduct Authority is now seeking views on proposed rules and guidance for the activities of issuing a qualifying stablecoin and safeguarding qualifying cryptoassets, including qualifying stablecoins.

📍Who this is for:

The proposals will affect consumers and firms who use, or interact with:

✅Qualifying stablecoins

✅Qualifying cryptoassets

✅Traditional finance custodians

➡️ Who needs to read this document:

- Firms that issue, or are seeking to issue, fiat-referenced stablecoins in the UK.

- Firms that wish to make use of qualifying stablecoins within wider activities (such as retail payments or on-and off-ramping).

- Cryptoasset custodians and other firms that carry out, or seek to carry out, safeguarding of qualifying cryptoassets.

- Industry groups, law firms and trade bodies representing firms in the cryptoasset sector

Auditors providing services to cryptoasset firms.

- Professional advisers in the cryptoasset sector.

- Consumers and groups representing consumer interests.

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🏛️🇬🇧 BBA is the UK's leading industry body established in 2017. We work in collaboration with policymakers, regulators and industry to advance evidence-based adoption of Blockchain technologies. BBA is also the secretariat of APPG on Blockchain Technologies.

#FCA #BBA #Stablecoins #Crypto #Blockchain

Daniel Harrison

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npub1h6s2fyu5f08v9066ux4n8urs84mu2mngz6d5fntju9nwrfta0ywqcc3jtk