The Block (@TheBlockCo): THE BLOCK: The Payments Association welcomed the FCA's UK crypto rules, calling the decision to halve a key capital requirement for stablecoin issuers…
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THE BLOCK: The Payments Association welcomed the FCA's UK crypto rules, calling the decision to halve a key capital requirement for stablecoin issuers "a major victory for proportionality." The group said the changes make the regime more commercially workable while preserving consumer protection.