UK plans new cryptocurrency rules to attract businesses, rivaling US and EU regulations.

The UK plans to introduce new cryptocurrency regulations this month to attract businesses, especially as the US under President-elect Donald Trump becomes more pro-crypto. The UK's Treasury aims to clarify rules on stablecoins and exclude staking services from current financial regulations. This move seeks to make the UK more appealing to crypto firms, competing with the US and EU regulations.

November 14, 2024
5 Articles