🇬🇧 The UK's finance minister, Rachel Reeves, confirmed that the country is preparing new regulations for cryptocurrencies. The bill aims to create a conducive environment for companies in the sector to thrive. At the same time, it intends to make every effort possible to suppress bad actors.

As outlined by the minister during her participation in the Innovate Finance Global Summit, the regulation will extend to several sectors. Among them are exchanges and brokers, as well as other related activities such as lending. In a statement, the Financial Conduct Authority (FCA) confirmed Reeves' statements. #ReinoUnido