The UK’s Treasury and Treasury Advisor, Rachel Reeves[ing] Innovation while eliminating fraudsters. “
On April 29, the UK government Declare The crystallization of encrypted currency bases, including Bitcoin (BTC) and ETHER (ETH), which would bring “exchange of encryption, merchants and agents” in line with the regulations, where many residents “were exposed to companies and risky risks.” She cited discussions with US government officials, including a proposed sand fund for the United States of America from Hyster Peres, the Securities and Stock Exchange Committee.
“Today’s announcement sends a clear signal: Britain is open to work – but it is closed to fraud, ill -treatment and instability.” “The government will provide final encryption legislation at the earliest opportunity, after participating in the draft judgments with the industry.”
Related to: Commercial bodies in the United Kingdom require the government to make encryption a “strategic priority” The Treasury and Reeves said that the United Kingdom is committed to making the country a “global center for digital asset technologies”, with a reference to the goals of the previous government under the Conservative Party. A 2023 consulting paper proposed “Bring a wide range of encryption activities” – including trading and Stablecoins version – in line with UK regulations. In a joint statement with Cointelegraph, Ian Silverra, Assistant Director of the Self -Organized Trade Association, Cryptouk, described the government’s announcement as “a great welcome and a great victory” for encryption companies. However, he added that the industry can also benefit from organizational clarity on the liquid liquid and Defi. Although there is good organizational progress from [Financial Conduct Authority]”The encryption road map has published late last year, and the UK government first rally to become a global coding center in 2022,” Silver said. FCA plans to spread the final rules on Crypto at some point in 2026, and lay the foundation for the UK regulatory system for living. The road map can to a greater regulatory clarity in the UK can follow the European Union, which began implementing its markets within the framework of encryption (MICA) in December. magazine: Financial nihilism ended in encryption – it’s time to dream again
Praise be to the industry
Related Articles
