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The UK government has released a draft of cryptocurrency regulations, adding oversight for exchanges and stablecoin issuance.

DailyNews

2025-04-29 14:04:39

Odaily News The UK government released a consultation document for a legislative draft in the cryptocurrency sector on April 29, planning to add regulated activities, including operating crypto assets trading platforms and stablecoin issuance. In addition, the draft also covers regulatory frameworks such as market abuse, listing, and disclosure systems. Although relevant consultations were initiated during the Conservative Party’s governance in 2023, the Labour government stated it would continue to advance the previous government’s crypto plans. This initiative aims to regulate the cryptocurrency industry, protect investor interests, and promote healthy market development. (CoinDesk)

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