Days after the official submission of the All Party Parliamentary Group (APPG) report on Crypto & Digital Assets was presented at the House of Commons, Stablecoin Standard & CryptoUK announce their partnership to bring the global stablecoin industry to the UK.
“London has long been a major financial center globally, so combining that with the UK government’s vision to become a ‘global hub’ for crypto & digital assets, it makes total sense for the future of finance to be based here” states Christian Walker, co-founder of Stablecoin Standard. “As the industry body for stablecoin issuers globally, currently representing 14 different global currencies, we were looking for an established & crypto friendly economy from which to base our operations. We believe we have found that in the UK”.
Su Carpenter, Director of Operations at Crypto UK added “We are excited to partner with Stablecoin Standard to bring greater transparency, organisation and education to the stablecoin space. Stablecoins are the bridge between traditional finance and decentralised finance, so having Stablecoin Standard based here in the UK is an exciting prospect for the UK economy and we look forward to working on shared initiatives”.