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United Kingdom has prepared a bill on stablecoins as a means for payments

Nadhim Zahawi The British Finance Minister

The British Finance Minister will submit to parliament a bill on financial services and markets clarifying the procedure for using stablecoins. Nadhim Zahawi is confident that the bill will increase the flexibility and competitiveness of the British financial services sector. The official acknowledges that crypto assets and stablecoins can increase the efficiency of transactions due to the huge potential for transforming the country's financial landscape.

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