The United Kingdom on Thursday officially passed legislation to regulate cryptocurrencies and stablecoins as part of its broader financial regulatory reforms post-Brexit.
The new law, dubbed the Financial Services and Markets bill, will grant regulators the authority to establish a tailored framework for the digital asset sector, supporting crypto’s “safe adoption in the UK,” a press release from the UK Treasury said....
Read More: UK’s New Financial Law to Regulate Crypto, Includes Provisions for 'Crypto Hub
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