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The UK government released a draft of cryptocurrency rules, adding new regulations on exchanges and stablecoin issuance
2025-04-29 14:04:39

Odaily News On April 29, the British government released a consultation document on the draft legislation in the field of cryptocurrency, planning to add new regulated activities, including operating crypto asset trading platforms and issuing stablecoins. In addition, the draft also covers regulatory frameworks such as market abuse, listing and disclosure systems. Although the relevant consultation was launched when the Conservative Party came to power in 2023, the Labour government stated that it would continue to promote the previous government's encryption plan. This move aims to regulate the cryptocurrency industry, protect the interests of investors and promote the healthy development of the market. (CoinDesk)