HM Treasury Close to Stablecoin Regulations Amid Terra Crash
UK Treasury en route to legalizing stablecoins amid Terra's UST crash
During the Queen's Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow.
https://cointelegraph.com/news/uk-treasury-en-route-to-legalizing-stablecoins-amid-terra-s-ust-crash
https://www.telegraph.co.uk/business/2022/05/14/rishi-sunak-legalise-stablecoins-despite-cryptocurrency-crash/