The Stellar Development Foundation met with UK government officials to discuss digital assets regulation, submitting a response to HM Treasury's consultation on cryptoasset frameworks and stablecoin requirements.
The SDF Policy team traveled to London to engage with UK government stakeholders on digital assets regulation. The team found UK officials receptive to blockchain technology's potential for cross-border payments and innovation. The SDF submitted a formal response to HM Treasury's cryptoasset consultation, addressing environmental concerns about blockchain consensus protocols and proposing stablecoin regulatory requirements aligned with UK proposals. The UK government is pursuing a constructive, flexible regulatory approach designed to manage risk while encouraging responsible innovation in the crypto industry.
