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Cryptoknowmics 2022-10-22 07:18:52

UK Government Amends Finance Regulatory Bill to Add New Crypto Rules

In a move to regulate cryptocurrency and restrict unregistered service providers, the United Kingdom government has tabled a fresh amendment to UK Financial Services and Markets bill here on Friday in U.K. Parliament. The amendment aims to regulate crypto ads and ban unauthorized crypto providers from offering services. U.K. to Introduce New Regulation For Cryptoassets Minister of financial services Andrew Griffith proposed revisions and included a note to make it clear that cryptoassets and actions related to them can be subject to the same regulations as financial marketing and regulated actions. Additionally, the term “cryptoasset” is specified, with the option The post UK Government Amends Finance Regulatory Bill to Add New Crypto Rules appeared first on Cryptoknowmics-Crypto News and Media Platform.

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