Government announces crypto regulation proposals

Insiders see crypto as a means for London to compete with European financial hubs

clock • 2 min read
Government announces proposal to regulate crypto
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Government announces proposal to regulate crypto

The UK government is moving forward with its plans to regulate cryptocurrency firms, to shield consumers from the risks associated with cryptoassets.

HM Treasury has intimated it intends to regulate crypto-asset operations in a manner similar to traditional finance, to provide better clarity and confidence to both consumers and companies. The...

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