The UK House of Lords released a 71-page report on stablecoin regulation, criticizing the current regulatory proposals for lacking competitiveness
According to a report titled "Stablecoins: Waiting for Regulation" released by the UK House of Lords Financial Services Regulatory Committee, the global market capitalization of stablecoins has exceeded $310 billion, but the UK pound stablecoin market is still in its infancy, and the construction of...