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Nalezeno "House of Lords": 6

Critics tell UK Lords stablecoins are not future money


At a House of Lords hearing, witnesses cast doubt on stablecoins as mainstream money, backing strict Bank of England oversight and criticizing the "disastrous" US GENIUS Act for letting non‑banks into “the money business.”

UK Passes Bill to Seize Crypto from Illicit Activities


The United Kingdom’s House of Lords has pushed The Economic Crime and Corporate Transparency bill to its final stages of approval. The bill was introduced in September 2022 with a bid to expand the powers of financial authorities in the country to confiscate monetary proceeds from financial crimes...

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