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UK policymakers must ‘listen to industry participants’ on crypto regulations

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UK policymakers must ‘listen to industry participants’ on crypto regulations

06 May Crypto News

UK policymakers must ‘listen to industry participants’ on crypto regulations

Your guide to the week’s biggest fintech stories

Crypto industry leaders say that the UK must listen to stakeholders to gain some of the ground it has lost to other jurisdictions.

The UK government published draft legislation for cryptoassets regulation last week to tighten oversight of the emerging asset class in the country. Chancellor Rachel Reeves said robust rules around crypto would “boost investor confidence, support the growth of fintech and protect people across the UK”.

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