The UK Treasury plans to propose a regulatory framework for crypto assets and stablecoins before July

ChainCatcher news, according to Cointelegraph, the UK Treasury plans to propose a regulatory framework for crypto assets and stablecoins before July, aimed at encouraging local digital asset and blockchain technology innovation.

It is reported that UK Treasury Economic Secretary Bim Afolami revealed during a speech at the 2024 Innovate Finance Global Summit (IFGS) that the government is working to lay the groundwork for transforming the country's payment landscape.