# UK drafting stablecoin regulations and researching a CBDC
“# UK drafting stablecoin regulations and researching a CBDC ” The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash. In an announcement published on Nov. 9, U.K. Treasury Chancellor Rishi Sunak noted the forthcoming…