Treasury to turn UK into top destination for crypto firms with new rule-making push – DL News
The Guidance
- The advisories and sandboxes appear to be coming to a head in the UK.
- The Treasury plans to implement clear crypto rules by the middle of 2027.
- The UK has flip-flopped on several occasions regarding the importance of the industry.
A version of this story appeared in The Guidance newsletter on December 15. Sign up here.
Hey all, Liam here.
The United Kingdom has officially completed its about-face on digital assets.
On Monday, the UK’s Chancellor of the Exchequer, Rachel Reeves, declared the Treasury was devising clear rules of the road for the digital assets industry.
Crypto companies have long had to register directly with the UK’s financial watchdog, the Financial Conduct Authority, before operating in the country.
But this…
