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uk gov gearing up to regulate crypto in 2022, boosting web3 game 🚀🔥💼! petition hits 20k
uk gov finally waking up to crypto?? lmfao bout time 🚀🔥 when moon for £GBP stablecoin tho??
uk crypto regulation: petition spurs govt action, signaling a shift towards comprehensive framework; collaboration with US on digital assets boosts market sentiment and opens new
The UK is advancing crypto regulations beyond expectations. The government is urged to enhance efforts in web3 and crypto. Plans include implementing regulatory frameworks for crypto token assets and creating a stablecoin backed by GBP. A petition for a pro-innovation crypto regulatory approach garnered over 19,000 signatures, prompting government action. The UK aims to establish a comprehensive crypto framework, support stablecoin creation, and boost blockchain adoption in financial markets. Collaboration with the US on digital assets is also in focus. Financial regulators are lifting bans on crypto-related instruments like ETNs, gearing up for further market developments.
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