The UK government suffered a defeat in the House of Lords on Wednesday as peers backed an amendment requiring the Treasury to …
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Lords
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Regulation
UK House of Lords backs mandatory digital asset strategy over Labour position
by shayaanby shayaanThe UK House of Lords backed an amendment requiring the government to develop a digital asset strategy, in a 194–138 vote on …
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Regulation
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
by shayaanby shayaanA U.K. House of Lords committee said the Bank of England (BOE) should reconsider its proposed limits on consumer stablecoin holdings in …
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Regulation
UK House of Lords press Coinbase exec on stablecoins, KYC and bank run fears
by shayaanby shayaanThe United Kingdom House of Lords grilled Coinbase’s top international policy executive on Wednesday over whether stablecoins would drain bank deposits and …