UK Government Rolls Out Final Proposals for Stablecoin Regulation The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating ‘fiat-backed stablecoins’ amid calls for global regulation following wider scrutiny in the markets. In recent times, calls have been made for the UK to re...

Kraken Appoints Fintech Entrepreneur Bivu Das as New UK Managing Director Kraken appoints Bivu Das, an ex-Starling Bank executive, as a UK corporate representative to drive business expansion in the strengthening UK regulatory environment. On October 27, the prominent cryptocurrency exchange Kraken announced that Bivu Das, a fintech entrepreneur and former Starling Bank executive, will take over the role of Managing Director for the UK market. Das will succeed Blair Halliday, who has been in the...