UK Treasury to implement regulation for Bitcoin and crypto by 2027

Key Takeaways

  • The UK Treasury is set to implement crypto regulations by 2027, bringing digital assets under the oversight of the Financial Conduct Authority.
  • New rules aim to increase transparency, consumer protection, and accountability in the crypto industry.

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The UK Treasury is drafting new rules to regulate cryptocurrencies under legislation set to come into force in 2027, The Guardian reported Sunday.

The move would place digital asset firms under the supervision of…

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