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UK cryptoasset sector to see government policy 'soon'

By Phoebe Seers ( October 29, 2024, 14:21 GMT | Insight) -- The UK cryptoasset sector has been buoyed by news that they can expect to see the government's plans to regulate the sector "soon." The Finance Ministry had promised to introduce legislation for cryptoassets and stablecoins by early 2024, but it has been repeatedly pushed down the agenda. A source told MLex the sector was hoping to see a consultation on the rules published before the year was out. The UK cryptoasset sector has been given assurance that their wait for details of the government’s regulatory and policy proposals is nearly over....

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