The UK government plans to publish comprehensive cryptocurrency regulations as early as next year to reassure cryptocurrency businesses about their future in the country.
The U.K. Labor government is set to unveil a comprehensive cryptocurrency regulatory framework in early 2025, aimed at streamlining regulation and addressing key areas such as stablecoins and staking. The U.K. plans to release its cryptocurrency framework next year, reflecting a global regulatory race for the industry, with other jurisdictions such as the European Union already advancing strategies to attract innovation and economic opportunities. The UK government revealed at the Global Tokeniz...