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UK Chancellor Vows to 'Back the Builders' with New Crypto Regulations Aimed at Transparency and Consumer Protection

By Yahoo! Finance   |   2 weeks ago
UK Chancellor Vows to 'Back the Builders' with New Crypto Regulations Aimed at Transparency and Consumer Protection

Chancellor Rachel Reeves plans to subject crypto firms in the UK to the same regulations as traditional financial institutions. The new framework aims to support legitimate crypto businesses while enhancing transparency and consumer protection. International cooperation will be crucial for the UK to become a digital asset leader.

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