UK Treasury drawing up new rules to police cryptocurrency markets
by Eleni Courea Political correspondent from Technology | The Guardian on (#725M1)
Rachel Reeves wants to protect consumers by bringing digital money and assets into the regulatory perimeter'
Cryptocurrencies will be regulated in a similar way to other financial products under legislation coming into force in 2027.
The Treasury is drawing up rules that will require crypto companies to meet a set of standards overseen by the Financial Conduct Authority (FCA).
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