Much is written about revolutionary developments in payments, but the reality of progress in such a complex area is that it is often evolutionary. Legislators, regulators, and industry.
Exciting possibilities are in view for the digital assets industry and it requires all parties to ensure that regulations hit the sweet spot between protection and innovation
As part of the Edinburgh Reforms announced by the UK Chancellor of the Exchequer on 9 December 2022, HM Treasury is consulting on the customer information requirements in the Payment.