UK sets out new cryptoasset rules to boost investor confidence

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Britain plans to introduce new rules for cryptoassets such as Bitcoin and Ethereum, the government’s finance ministry said on Tuesday in a move designed to build investor confidence.

“Crypto exchanges, dealers and agents will be brought into the regulatory perimeter – cracking down on bad actors while supporting legitimate innovation,” the statement said.

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UK sets out new cryptoasset rules to boost investor confidence


Britain plans to introduce new rules for cryptoassets such as Bitcoin and Ethereum, the government’s finance ministry said on Tuesday in a move designed to build investor confidence.

“Crypto exchanges, dealers and agents will be brought into the regulatory perimeter – cracking down on bad actors while supporting legitimate innovation,” the statement said.

Discover the stories of your interest

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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