On April 29, UK Finance Minister Rachel Reeves unveiled plans for a “comprehensive regulatory regime” aimed at making the country a global leader in digital assets.
Under data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/uk-government-crypto-rules-consumer-protection” rel=”null” target=”null” text=”null” title=”null”>the proposed rules, crypto exchanges, dealers, and agents will be regulated similarly to traditional financial firms, with requirements for transparency, consumer protection, and operational resilience, the UK Treasury data-ct-non-breakable=”null” href=”https://www.gov.uk/government/publications/regulatory-regime-for-cryptoassets-regulated-activities-draft-si-and-policy-note” rel=”null” target=”null” text=”null” title=”null”>said in a statement released following Reeves’ remarks.
Per the statement, the Financial Services and Markets Act 2000 (Cryptoassets) Order 2025 introduces six…
