The post U.K Lawyers to Execute New Regulations On Digital Pounds appeared first on Coinpedia Fintech News
The UK Lawmakers say new rules and laws are needed for the digital pound. The U.K. Treasury seeks input on digital pound plans. New legislation and rules will be required for CBDC, say Legal Experts. Government is unlikely to decide on issuing one for the next couple of years. Louise Abott and George Morris (Law Keystone) say Legislation is needed for digital currency in the country. EU to release a bill on digital euro features and tech this year. New regulations were created for crypto digital assets and digital euro and to provide data protection, amend rules for anti-money laundering.
