United Kingdom Outlines Plans to Regulate Digital Currencies

While the UK government is serious about the introduction of the new rules, if it becomes law, it will take some years to complement and implement its provision. The United Kingdom is advancing its role in the regulation of the digital currency ecosystem as it recently unveiled its new guidelines to oversee the industry. As reported by CNBC, one major highlight is to curb the activities of crypto trading platforms in a bid to curb the series of events that stirred the implosion of the FTX Derivatives Exchange. According to the proposed regulation, the regulators in the United Kingdom will

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Author: NixCoin