Sector Regulation Sector Regulation

UK cryptoasset regulation should minimize cross-border barriers, industry lobby urges

By Fiona Maxwell
  • 24 May 2021 17:00
  • 24 May 2021 08:52
The regulation of cryptoassets in the UK should be modeled on the financial sector's current "overseas persons exclusion" regime to avoid creating cross-border barriers, an influential industry lobby group has argued.

TheCityUK has urged the government to establish a “global gold standard” for the regulation for cryptocurrencies, stablecoins and other assets based on

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