UK push for crypto leadership

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Rachel Reeves, UK Chancellor has outlined plans for UK to become a leader in crypto sector and create crypto regulatory framework
The FCA’s consultation on allowing retail access to crypto exchange-traded notes (ETNs) reflects UK efforts to balance investor protection with innovation and plays well with it’s goal for crypto leadership
UK, to achieve its goal of becoming a leader in crypto sector, is following its regulatory roadmap published in late 2024, creating a phased regulatory regime covering stablecoins, crypto custody, market oversight, and prudential standards for crypto firms

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