#AirdropSafetyGuide United Kingdom tightens cryptocurrency regulations to promote Web3

The UK government is planning to introduce new regulations on cryptocurrency with the aim of promoting the development of the domestic Web3 industry while protecting consumers. The new policies will be developed through dialogue with US partners, including Scott Bessent.

However, the cryptocurrency community has reacted cautiously to this information, especially as the UK Treasury continues to emphasize a strong commitment to addressing misconduct. Although learning from the US model, the UK does not seem to intend to adopt a 'looser' approach to regulation.

Cryptocurrency regulation in the UK is changing

As many countries around the world pursue a more open policy towards cryptocurrency, the United States stands out with bold reforms. The new dedicated task force of the US Securities and Exchange Commission (SEC) is actively engaging with business leaders while prioritizing the establishment of a legal framework for stablecoins.