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
Published at
2025-05-29 09:25:39Event JSON
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"content": "📍🇬🇧 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.\n\n📍Who this is for:\n\nThe proposals will affect consumers and firms who use, or interact with:\n\n✅Qualifying stablecoins\n\n✅Qualifying cryptoassets\n\n✅Traditional finance custodians\n\n➡️ Who needs to read this document:\n\n- Firms that issue, or are seeking to issue, fiat-referenced stablecoins in the UK.\n\n- Firms that wish to make use of qualifying stablecoins within wider activities (such as retail payments or on-and off-ramping).\n\n- Cryptoasset custodians and other firms that carry out, or seek to carry out, safeguarding of qualifying cryptoassets.\n\n- Industry groups, law firms and trade bodies representing firms in the cryptoasset sector\n\nAuditors providing services to cryptoasset firms.\n\n- Professional advisers in the cryptoasset sector.\n\n- Consumers and groups representing consumer interests.\n\n-------\n\n🏛️🇬🇧 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.\n\n#FCA #BBA #Stablecoins #Crypto #Blockchain\n\nDaniel Harrison\n\nhttps://blossom.primal.net/08abc1d82893a26b1d9bee688aab9c5819209a1027da58189a4321fef184ce8f.jpg",
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