Crypto Rules Set to Boost Growth, Safeguard Consumers
- Clear new rules to give investors confidence and protect consumers
- Chancellor also reveals discussions with US about supporting the use and responsible growth of digital assets, as Government works in national interest to drive growth through Plan for Change
Firms offering services for cryptoassets like Bitcoin and Ethereum will be subject to new, clear rules, boosting investor confidence and driving growth through the Plan for Change.
At a major summit in London to mark UK Fintech Week, the Chancellor revealed that the UK has published draft legislation for regulating cryptoassets – better protecting millions of people across Britain.
Around 12% of UK adults now own or have owned crypto, up from just 4% in 2021. But too often,…
