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Draft cryptoasset legislation published by UK finance ministry

( April 29, 2025, 13:49 GMT | Official Statement) -- MLex Summary: Legislation that will bring cryptoasset activity within the regulatory perimeter has been published by the Treasury, the UK's finance ministry. The Regulated Activities and Miscellaneous Provisions (Cryptoassets) Order 2025 amends existing rules to specify certain crypto activities like stablecoin issuance and safeguarding as regulated activities. The legislation is described as "near final," and stakeholder comments are welcome by May 23. Final legislation is planned for later this year, Finance Minister Rachel Reeves said today. Draft legislation and policy statement attached. ...

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