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UK confirms plans to bring crypto under stricter regulation | PaymentsSource

UK confirms plans to bring crypto under stricter regulation | PaymentsSource
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UK confirms plans to bring crypto under stricter rules • Bloomberg News

THE UK government confirmed plans to regulate cryptoasset activities more strictly, bringing them under the same regime as traditional financial services. The government intends to proceed with legislation in 2024 to implement the changes, according to a Treasury announcement on Monday, responding to a consultation it launched earlier this year. The plans include a mandate

United kingdomAndrew griffithCryproassets miEuropean unionTreasury select committeePrime minister rishi sunakCity minister andrewUnited kingdom based