This website uses cookies. By using this website, you agree to our Cookie Policy.
UK Treasury Opens Consultation into Proposed Insolvency Regime to Manage Failure of Stablecoin Firms
June 9, 2022On May 31, 2022, the UK Treasury announced a consultation on the government’s proposals to manage the failure of systemic digital settlement asset (“DSA”) (including stablecoin) firms by adapting the existing Financial Market Infrastructure Special Administration Regime (“FMI SAR”).