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UK reveals plan to regulate crypto trading and lending
source link: https://fintechranking.com/2023/02/01/uk-reveals-plan-to-regulate-crypto-trading-and-lending/
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UK reveals plan to regulate crypto trading and lending
The UK government introduced a new crypto regulatory framework via a consultation paper published by the Treasury on Wednesday with stricter rules for investing and trading.
Top of the agenda for the government is to introduce a regime to regulate crypto more broadly. The paper takes a stab at designing a regime that covers crypto service providers, lending platforms, prudential requirements, consumer protection, crypto issuances and disclosures, preventing market abuse and more.
Read more: The Block
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