According to Techub News, the UK government has released a draft of new regulations for Crypto Assets today, officially incorporating cryptocurrency exchanges, dealers, and agents into the regulatory framework, requiring compliance with standards of transparency, consumer protection, and operational resilience. The Chancellor stated that improving regulation helps to enhance investor confidence, promote fintech development, and protect the public interest. The UK will continue to collaborate with the United States on digital asset matters and plans to expedite the legislative process.

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