logo

UK aligns with US in drafting new crypto regulation

By: thepaypers|2025/05/02 20:30:01
0
Share
copy
This signals that the UK is looking to adopt a framework similar to that of the United States. The proposals aim to impose transparency, consumer protection, and operational standards on crypto-related businesses operating within the country. Under the new rules, companies involved in cryptocurrency exchanges, trading, and related services will be incorporated into the existing regulatory structure. This includes obligations for firms to adhere to established standards designed to limit risks and prevent malpractice. Officials from the UK finance ministry stated that the regulations are intended to support responsible activity in the sector while addressing misconduct. Alignment with the US over EU Unlike the European Union’s Markets in Crypto-Assets Regulation (MiCAR), which provides a crypto-specific regime, the UK plans to treat crypto largely within the context of existing financial regulations. This approach more closely mirrors the stance taken by US agencies, which typically categorise digital assets as securities according to Reuters. According to officials cited by the same source, the legislation builds on earlier proposals published in 2023 and is expected to be finalised by the end of this year. Representatives from the UK government held discussions with their US counterparts during a recent visit to Washington and plan to continue those conversations in June. The proposed laws also include specific provisions for stablecoins, digital tokens intended to maintain a fixed value relative to assets such as the USD. Only issuers based within the UK would fall under the scope of the new rules. Around 12% of adults in the UK have had some exposure to cryptocurrencies, according to government figures cited by Reuters, marking a sharp rise from 4% in 2021. Some critics argue that applying formal regulation to the sector could lead consumers to underestimate the risks associated with digital assets, particularly those with little or no intrinsic value.

You may also like

MYX Case Analysis: The Complete Harvesting Tactics Behind the Fake Surge of Cryptocurrency Tokens

MYX Case Analysis: The Complete Harvesting Tactics Behind the Fake Surge of Cryptocurrency Tokens

Gate founder Dr. Han: The crypto winter drives structural reshaping, and everything on-chain will become a new paradigm in finance

Gate CEO Dr. Han appeared at the Hong Kong Web3 Carnival, emphasizing that "everything will be on-chain" will reshape the future of finance, and announced the acceleration of building an integrated trading hub that connects crypto and traditional assets.

Is XRP a Good Investment in 2026? Why Is It Stuck at $1.45

XRP is up 6.7% this week, but exchange reserves remain high. Is a volatility spike imminent? We analyze price trend, ETF inflows, whale activity, and regulatory catalysts to answer: will XRP go up, why is XRP dropping, and is XRP a good investment right now?

FC Barcelona vs Celta Vigo: Can Anyone Stop Barcelona at Home?

FC Barcelona vs Celta Vigo lineups, standings, and stats for April 22, 2026. FC Barcelona need a win to stay on track for the La Liga title. Full preview inside.

Carl Moon & WEEX Head to Mugello: The Crypto Trader's Ferrari Challenge

Forget the sidelines. WEEX is hitting the 300km/h mark at Mugello this weekend. Witness Carl Moon’s transformation from a supermarket cashier to a Ferrari racer, and discover why the world’s fastest trading floor belongs on the world’s most technical track at the official Ferrari Challenge.

How to Become a Pro Crypto Trader: WEEX Interview with Ferrari Racer Carl Moon

Ferrari racer Carl Moon on mastering crypto trading: 80/20 rule, AI tools, Bitcoin at $95K, and risk lessons from the track.

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

16:42

Coinbase Quantum Computing and Blockchain Independent Advisory Committee releases its first blockchain security position paper

The "Quantum Computing and Blockchain Independent Advisory Committee" established by Coinbase has released its first position paper. The core conclusion of this position paper is that the core infrastructure of Bitcoin is fundamentally secure. Quantum computing does not pose a substantial threat to ...
16:42

Illustration of Zero Hash's 28 Web3 business partners: Connecting cryptocurrency and fiat currency settlement with compliant licenses

The Web3 asset data platform RootData has outlined the Web3 business partners of Zero Hash, whose partners cover key areas such as asset management institutions, payment channels, public chain infrastructure, and stablecoin systems, and are building a cooperative network centered on compliance clear...
16:42

U.S. S&P 500, Dow Jones, and Nasdaq futures all rose

According to Jinshi reports, the S&P 500 E-MINI futures rose by 0.61%, the Dow futures rose by 0.57%, and the Nasdaq 100 futures rose by 0.8%.
16:42

Li Hua Yi: The current rebound is weak, showing characteristics of a bear market rebound

Liquid Capital founder Yi Lihua stated that the current rebound in the crypto market continues, but overall performance appears weak compared to the S&P index reaching new highs and MicroStrategy's ongoing purchases, showing characteristics of a rebound in a bear market.He pointed out that MicroStra...
16:42

ZachXBT questions the high premiums of Bitcoin Depot ATMs

ZachXBT posted that it does not recommend users to use Bitcoin Depot's Bitcoin ATM service and questioned its recent allowance for a U.S. elderly fraud victim to exchange $25,000 in fiat for BTC through the ATM.ZachXBT stated that the victim was quoted at $108,000 per BTC, while the market price at ...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com