Bitcoin

UK gov’t proposes crypto rules in response to scams

The treasure and chancellor of the UK of the chessboard, Rachel Reeves, proposed new cryptography rules aimed at “supporting[ing] Innovation while repressing fraudsters. »»

In an opinion on April 29, the British government announced the draft rules for cryptocurrencies, notably Bitcoin (BTC) and Ether (ETH), which would bring “exchanges of crypto, concessionaires and agents” in accordance with regulations, because many residents were “exposed to companies and crooks at risk”. He quoted discussions with representatives of the US government, including a project of American cross-border tank of the US-UK of Hester Peirce of the Securities and Exchange Commission.

“Today’s announcement sends a clear signal: Great Britain is open to business – but closed to fraud, abuse and instability,” said the opinion. “The Government will present the final legislation of cryptocurrencies in the first opportunity, following the commitment on the project of arrangements with the industry.”