🇬🇧 The UK is concerned about stablecoins and cryptocurrencies! 📈
- Regulators are paying attention to the development of stablecoins and the crypto market. They are building a legal framework to ensure financial stability.
- The risk of currency substitution is a major concern. The increasing use of stablecoins could impact cross-border payments.
- Africa is leading in the adoption of stablecoins, with the potential to become a hub for digital assets.
- Europe is also on alert, with ESMA warning about the risks to traditional financial markets.
What do you think about the future of stablecoins and crypto? Share your thoughts! 💬