What to know : The U.K. government is set to introduce legislation for regulating cryptocurrency from October, 2027. The bill will be little changed from draft legislation published in April. In extending existing financial services rules to the crypto industry, the U.K. will be emulating the approach of the U.S.
The U.K. government plans to extend existing financial regulation to cover crypto companies as of October 2027 and legislation for the process will be introduced into parliament on Monday.
The bill will be little changed from draft legislation published in April, which laid out the framework for crypto exchanges and stablecoin issuance, a Treasury spokesperson said, according to Reuters.
In extending existing financial services rules to crypto, the U.K. would be emulating the approach of the U.S., in contrast to the European Union (EU), which introduced a regime, the Markets in Crypto Assets regulations, specifically for the industry.
Last month, the Bank of England (BOE) proposed a regulatory regime for oversight of stablecoins, which is open to consultation through February 2026.
Chancellor Rachel Reeves said the regulation would offer "clear rules of the road," while keeping "dodgy actors" out of the market.
The Treasury did not immediately respond to CoinDesk's request for additional comment.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
