Rachel Reeves, UK Chancellor has outlined plans for UK to become a leader in crypto sector and create crypto regulatory framework

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In April, UK chancellor Rachel Reeves set out plans to regulate cryptoassets more formally and forge closer co-operation with the US on digital securities.
The ongoing efforts also follow a recent revelation by UK Chancellor of the Exchequer Rachel Reeves of plans for a “comprehensive regulatory regime” aimed at making the country a leader in the crypto sector.