United Kingdom, Cryptocurrency regulation draft announcement…Including stablecoins

The British government officially announced the draft cryptocurrency regulation. According to CoinDesk, the draft includes specific regulatory measures concerning the operation of cryptocurrency trading platforms and the issuance of stablecoins. It is also known that standards for preventing market manipulation and procedures for listing cryptocurrencies have been prepared. Through this, the UK is beginning to actively move to enhance the transparency of the cryptocurrency market and protect investors, and plans to formally introduce a new regulatory framework through the legislative process in the future.