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Moldavia , Sunday 31 May 2026

UK plans rules for some cryptocurrencies amid global effort

Published on: Tuesday 05 April 2022

UK plans rules for some cryptocurrencies amid global effort Britain has unveiled plans to regulate some cryptocurrencies as part of a broader plan to become a global hub for digital payments, coming as authorities in the U.S. and Europe are racing to draw up rules for crypto. Cryptocurrencies have exploded in popularity, leaving officials worldwide scrambling to figure out how to regulate them amid fears they could threaten financial stability and hurt consumers. “The U.K. is open for business — open for crypto businesses,” John Glen, economic secretary to the Treasury, said in a speech Monday.


News source: https://news.yahoo.com/uk-plans-rules-cryptocurrencies-amid-124243971.html

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