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Possible rewrites: 1. Proposed regulatory framework may soon oversee cryptocurrency in Britain. 2. Britain aims to establish regulatory framework for cryptocurrency. 3. Cryptocurrency regulation in Britain could be implemented in the near future. 4. Britain takes steps towards regulating cryptocurrency with proposed framework. 5. Potential regulatory framework for cryptocurrency in Britain on the horizon.

Recent reports indicate that Britain already Planning to introduce laws targeting regulation of crypto industry in the next 12 Months. Cipher regulation
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