UK Treasury Department sets plan for financial services’ future

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This week the UK announced that they are “starting a new chapter in the history of financial services” and that they also intend to reestablish the leading role of the UK markets. That will be achieved by ensuring that the country “moves forward as an open, attractive and well-regulated market”.
The Treasury Department intends to change its policy regarding three main points – embracing new technology like stablecoins, securing the position of UK markets after Brexit and setting up new guidelines for green finance.
The UK government intends to set up a regulatory framework for stablecoin like Tether, especially considering the future launch of stablecoins owned by private companies, (for example: Facebook with Libra), not to mention the work being done to launch a digital pound.
The second policy change is aimed toward making sure that that after Brexit the UK markets markets retain, and even expand their significance.
And finally, the third policy change aims to implement sweeping new policies that ensure that the country’s plans for a net zero emissions.
It's natural they make such plans, but I wonder how successful they'd be in the long run.


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