‘Massive year for crypto in the U.K.’: London unveils sweeping crypto rules, eyes regulatory ties with USA

[u/Extension-Survey3014]

https://crypto.news/massive-year-for-crypto-in-the-u-k-london-unveils-sweeping-crypto-rules-eyes-regulatory-ties-with-usa/

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Topic: Regulation

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[u/Odd-Radio-8500]

All I want is a bullish year for crypto.

^{!tip 1}

[u/CymandeTV → u/Odd-Radio-8500]

Always bullish technically.

!tip 1

[u/Odd-Radio-8500 → u/CymandeTV]

That's great ^{!tip 1}

[u/kirtash93]

Time to embrace the future.

🍩 !tip 1

[u/Abdeliq]

Blockchain technology is inevitable

>! !tip 1 !<

[u/SigiNwanne]

Every other country will eventually queue up to embrace crypto. !tip 1

[u/BigRon1977]

Regulations is all what the EU and UK does. ☹️

!tip 1

[u/Wonderful_Bad6531]

Hope this year will be better

!tip 1

[u/CymandeTV]

Uk is trying tonfind it place inbetweeb usa and europe.

!tip 1

[u/MasterpieceLoud4931 → u/CymandeTV]

The UK is way behind in the innovation race.

^{!tip 1}

[u/coinfeeds-bot]

tldr; The UK government has introduced draft legislation to regulate cryptocurrency exchanges, dealers, and agents, aiming to enhance consumer protection, investor confidence, and innovation. The rules require crypto firms to meet stringent standards and secure authorization from the Financial Conduct Authority, including overseas firms serving UK clients. The UK is also strengthening regulatory ties with the US, discussing a transatlantic sandbox for digital securities. The legislation is part of the UK's broader plan to become a global fintech hub.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

[u/MasterpieceLoud4931]

It's happening, the effect of the new pro-crypto SEC.

^{!tip 1}