UK policymakers must ‘listen to industry participants’ on crypto regulations
UK policymakers must ‘listen to industry participants’ on crypto regulations
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Crypto industry leaders say that the UK must listen to stakeholders to gain some of the ground it has lost to other jurisdictions.
The UK government published draft legislation for cryptoassets regulation last week to tighten oversight of the emerging asset class in the country. Chancellor Rachel Reeves said robust rules around crypto would “boost investor confidence, support the growth of fintech and protect people across the UK”.