$USDC $USDC The government says it wants to be a center for cryptocurrencies since 2022, before the election of the current Labour government, however, it only started this week to seek feedback on its draft legislation for the industry.

In the meantime, the European Union has already implemented the Markets in Crypto-Assets (MiCA) legislation, which provides a unified framework across the bloc, and the new U.S. administration under President Donald Trump is promoting the industry and easing regulations.