Breaking News: U.K Implements New Regulations for Digital Pounds by Lawyers

Breaking News: U.K Implements New Regulations for Digital Pounds by Lawyers

Get the latest update on the UK’s plans for a digital pound as legal experts discuss the need for new legislation and regulations to govern the country’s CBDC.

The post U.K Lawyers to Execute New Regulations On Digital Pounds appeared 1st on Coinpedia Fintech News

The United Kingdom Lawmakers say new regulations and laws are required for the digital pound. The United Kingdom Treasury seeks input on digital pound plans. New legislation and regulations will be required for CBDC, say Legal Specialists. Government is unlikely to decide on issuing one for the following couple of years. Louise Abott and George Morris (Law Keystone) say Legislation is required for digital currency in the country. EU to release a bill on digital euro features and tech in the year. New regulations were made for cryptocurrency digital assets and digital euro and to provide data protection, amend regulations for anti-money laundering. 

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