The BoE will detail its plans to regulate systemic stablecoins, including whether it will be authorizing firms next year, in a consultation, where the government lays out proposed regulatory measures in a document and invites the public or industry representatives to weigh in. The PSR, too, is planning to issue guidance on how it would regulate DSAs, including stablecoins.
Source: https://www.coindesk.com/policy/2022/08/17/uk-crypto-industry-welcomes-new-stablecoin-rules-awaits-guidance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines