Crypto wrap: UK stablecoin rules incoming, US bank falls victim to pig butchering, ECB skeptical on btc

Our regular roundup of notable developments in the cryptosphere.

The UK’s Economic Secretary to the Treasury, Bim Afolami, has said that in just six months time there will be regulations in place for stablecoins and crypto staking.

Speaking at an event in London hosted by Coinbase, Afolani said the government was “pushing very hard” for legislation.

In October 2023stopped

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