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UK regulation of cryptoassets to start in October 2027, finance ministry says

From channelnewsasia.com

Britain will start regulating cryptoassets from October 2027, the finance ministry said on Monday, rules it hopes will give the industry certainty while keeping out "dodgy actors". The new law - the government will introduce legislation into parliament later on Monday - will extend existing financial regulation to companies involved in crypto, aligning Britain with the U.S. rather than the European Union, which has built rules tailored to the industry. A draft bill giving effect to regulation has undergone only minor changes since it was published earlier this year, a ministry spokesperson said. Globally, interest ... (full story)

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