UK Treasury Submits Crypto Regulation Amendments, Including Stablecoin and DeFi Exemptions

According to The Block, the UK Treasury has submitted amendments to crypto regulations, including exemptions for certain stablecoin transactions, custody arrangements, and technical services involving DeFi protocols, which require parliamentary approval.

Coinbase's Head of European Policy, Katie Harries, welcomed these changes but noted that regulated exchanges still face barriers in seeking DeFi access.