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220 new news items in the last 24 hours
21 August 08:01

UK crypto industry representatives call for a national strategy for stablecoins, warning the country risks falling behind the US

Raluca Ioana Draghici
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Economy
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In an open letter to the Minister of Finance, 30 representatives of the crypto industry, including from Coinbase and Kraken, emphasized the need for a national strategy for stablecoins. They argue that stablecoins should be considered an essential financial infrastructure, not a risk. Although the global market for stablecoins is valued at more than $280 billion, those linked to the pound have a capitalization of just £461,224. A well-defined strategy could strengthen London's position as a global financial center and generate tax revenues. But regulation remains a major challenge.

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News.ro
Firmele cripto cer Marii Britanii o strategie naţională pentru stablecoins, pentru a nu rămâne în urma SUA
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Stiripesurse
Competiție uriașă pe piața cripto între puterile mondiale: Mare Britanie vrea să ajungă din urmă SUA
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Stiripesurse
Firmele cripto cer Marii Britanii o strategie naţională pentru stablecoins, pentru a nu rămâne în urma SUA

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Economy
A survey shows that 66% of crypto investors plan to increase their investments, with emerging markets such as Nigeria, China, and India leading the way.
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International
PayPal accidentally issued 300 trillion dollars in PYUSD cryptocurrency due to a "technical error," but quickly corrected the mistake.
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United Kingdom cryptocurrency

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Yesterday 19:27

Donald Trump announced a meeting with Vladimir Putin in Budapest to discuss the conclusion of the war in Ukraine

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