Inside the UK’s crypto regulation push and what changes by 2027
The much-awaited UK crypto regulation will be finalized by 2026 and go live by October 2027. According to the Finance Minister, Rachel Reeves, the new framework would,
“Provide clear rules of the road, strengthen consumer protections, and keep dodgy actors out of the market.”
The new legislation, set to be introduced in the parliament on the 15th of December, will build on a draft proposal issued earlier this year.
According to the ministry spokesperson, the regulation has undergone only minor changes and will extend the current financial regulation to cover cryptocurrencies.
Additionally, it will align with the U.S crypto laws rather than the European Union’s MiCA (Market in Crypto Assets Regulation)…
