UK GOV does not propose crypto rules in response to fraud

Treasury and Chancellor Cashier in Great Britain, Rachel Reeves, proposed new crypto rules aimed at “support (ing) innovation as it snaps on deception.”

In notice 29. April, the UK government announced Draft rules for cryptocurrency, including Bitcoin (Btc) and ether (El), that would bring “CRIPTO exchange, dealers and agents” in accordance with regulations, because many residents were “exposed to risky firms and fraud”. Quoted discussions with US government officials including a Suggested US-GES cross-border sand From hester value and hunch of value and replacement.

“Today’s announcement sends a clear signal: Britain is open to work – but it is closed for fraud, abuse and instability,” the notice said. “The government will bring final croptoasets legislation at the earliest opportunity, after engagement on draft provisions with industry.”