New crypto rules to unlock growth and protect customers
- Chancellor backs cryptoassets firms to invest and grow in the UK with firm and proportionate regulation.
- Legislation coming into force from 2027 marks major development in delivering on the government’s ambition to make the UK a global destination for digital assets
- Consumers will be protected by bringing cryptoassets into scope of similar rules to those for other regulated financial products like stocks and shares.
Cryptoassets firms will be backed to innovate and grow under plans to make the UK a global destination for digital assets and attract more investment.
Firm and proportionate rules will come into force from 2027, giving firms legal clarity over the sector’s regulatory position and…
