The Financial Services and Markets Act 2023 categorizes cryptocurrencies as a regulated financial undertaking.
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At Consensus 2023, Julie Foerster, who is spearheading the agency's efforts on cryptocurrency taxation, underscored the significance of actively engaging and working together with the community.
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Following the collapse of Terra's algorithmic stablecoin, China's Economic Daily media source has hinted that more regulatory action against stablecoins may be taken.
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