UK Crypto Regulations Aim to Counter Trump’s Pro-Crypto Agenda

Quick Summary:

The Treasury is preparing legislation focused on stablecoins and staking, to offer a clearer framework that could enhance the UK’s appeal as a digital asset hub.

This legislation could include exemptions for services like staking and custodial wallets, offering businesses a stable framework for growth.

Plus, many former UK crypto holders are ready to re-enter, with 77% planning to buy again within the next year, reflecting steady confidence in crypto as a long-term investment.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Crypto Regulations News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 09:09:49 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23582990

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 22 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #112

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