UK Treasury to Reform Crypto Regulations with US Cooperation
The UK is planning to enact new crypto regulations, hoping to grow the domestic Web3 industry while protecting consumers. It will develop new policies in dialogue with US counterparts, including Scott Bessent.
However, the community has reacted with skepticism, as the Treasury emphasized its continued willingness to crack down on bad actors. Regardless of what lessons Britain takes from the US, it doesn’t seem interested in laissez-faire regulation.
Crypto Regulations are Changing the UK
Friendlier crypto regulations are sweeping the world, with the US leading bold new changes. The SEC’s new Crypto Task Force is conducting direct dialogues with business leaders, and a comprehensive stablecoin framework is a top…
