UK announces draft rules for crypto industry, touts greater collaboration with U.S.

UK announces draft rules for crypto industry, touts greater collaboration with U.S.


Key Points
  • U.K. Finance Minister Rachel Reeves on Tuesday announced plans for a “comprehensive regulatory regime for crypto assets.”
  • The U.K.’s Treasury published draft rules aimed at bringing crypto exchanges, dealers and agents into the regulatory fold.
  • Reeves said that the the U.K. planned to deepen regulatory cooperation with the U.S. to boost “responsible” adoption of digital assets.



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