UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation – Regulation Bitcoin News

Australia News News

UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation – Regulation Bitcoin News
Australia Latest News,Australia Headlines
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

The UK government has unveiled a detailed plan to make the country “a hospitable place for crypto,” said the economic secretary. cryptocurrency bitcoin $BTC

The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token to be issued by the Summer.

If there is one message I want you to leave here today with, it is that the U.K. is … open for crypto businesses. He then talked about stablecoin regulation. “I can confirm that we will be legislating to bring certain stablecoins into our payments framework … creating the conditions for stablecoin issuers and service providers to operate and grow in the U.K.,” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BTCTN /  🏆 531. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Paramount+ Unveils Six More U.K. OriginalsParamount+ Unveils Six More U.K. OriginalsThe new shows — including two unscripted series — join a growing international slate for the streamer, which is set to launch in Britain this summer.
Read more »

Surging COVID cases force easyJet to cancel UK flights over staff shortagesSurging COVID cases force easyJet to cancel UK flights over staff shortagesA renewed surge of COVID-19 in Britain has forced airlines including easyJet to cancel hundreds of flights in recent days as staff sickness levels soar.
Read more »

Toyota denies plans to withdraw from UK car production | AutocarToyota denies plans to withdraw from UK car production | AutocarJapanese car maker has stated it has a “clear roadmap” for achieving zero-emissions vehicles
Read more »

Paramount Plus Reveals Expanded Slate of U.K. Original Series CommissionsParamount Plus Reveals Expanded Slate of U.K. Original Series CommissionsParamount Plus has revealed a further slate of scripted and unscripted U.K. original series ahead of the launch of the streaming service in the U.K. this summer. Scripted original series commission…
Read more »



Render Time: 2025-03-01 23:31:29