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šØš¬š§ UK TO UNVEIL CRYPTO LAWS #PUBLISHED TODAY
š¹Finance Minister Rachel Reeves announced draft crypto legislation will be published today.
š¹Aims to create a clear regulatory framework for digital assets, including stablecoins and staking services.
š¹Staking wonāt be classified as collective investment schemes (avoiding stricter rules).
š¹Builds on the Property (Digital Assets) Bill, which defines crypto as personal property.
š¹UK aligns with global moves like the EUās MiCA regulation.
-Cointelegraph, UK Gov, CoinDesk$BTC $ETH $XRP
š¹Finance Minister Rachel Reeves announced draft crypto legislation will be published today.
š¹Aims to create a clear regulatory framework for digital assets, including stablecoins and staking services.
š¹Staking wonāt be classified as collective investment schemes (avoiding stricter rules).
š¹Builds on the Property (Digital Assets) Bill, which defines crypto as personal property.
š¹UK aligns with global moves like the EUās MiCA regulation.
-Cointelegraph, UK Gov, CoinDesk$BTC $ETH $XRP
šØš BLACKROCK & GALAXY DIGITAL EXPAND CRYPTO OPERATIONS IN THE #UK
š¹BlackRock: Approved by the UKās FCA to operate as a crypto asset firm, launching its iShares Bitcoin ETP in Europe.
š¹Galaxy Digital: Secured FCA license to expand derivatives trading via its London office.
š¹Context: FCAās stringent process approves only 14% of applications. The UK positions itself as a global crypto hub with forward-thinking regulations.
- The Block$BTC $ETH
š¹BlackRock: Approved by the UKās FCA to operate as a crypto asset firm, launching its iShares Bitcoin ETP in Europe.
š¹Galaxy Digital: Secured FCA license to expand derivatives trading via its London office.
š¹Context: FCAās stringent process approves only 14% of applications. The UK positions itself as a global crypto hub with forward-thinking regulations.
- The Block$BTC $ETH
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