UK government plans to introduce crypto regulations by June-July, covering stablecoins, staking, exchanges, and custody.
The UK government aims to introduce crypto regulations by June or July, covering stablecoins, crypto staking, exchanges, and custody. Economic Secretary Bim Afolami announced this timeline at the Innovate Finance Global Summit, highlighting the commitment to bring these activities under regulatory perimeter for the first time. The move is expected to enhance security and reliability in engaging with cryptocurrencies within the UK.
April 15, 2024
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