Bloomberg: The UK seeks to establish new regulations for stablecoins within the next six months

ChainCatcher news, according to Bloomberg, UK Economic Secretary Bim Afolami stated on Monday at an event hosted by Coinbase that the UK government is "strongly pushing" to legislate on stablecoins and crypto staking services within the next six months. Although the UK has not yet determined the date for the next general election, the law requires that the election must be held before January 2025.