• US: Stablecoin Bill Obstructed in the Senate
The bill that aims to regulate stablecoins at the federal level has been hindered after nine Democratic senators withdrew their support. They are worried that the bill is not enough to overcome the risk of money laundering and the stability of the financial system.
• UK: First Crypto Regulation Plan
The British government announced a bill to regulate crypto exchanges and dealers, with a focus on transparency and consumer protection. This rule is expected to be completed by the end of 2025.
