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London – Britain broadcast the legislative project for the legislation for greater cooperation with the United States to regulate the wild world of digital assets on Tuesday.
Speaking at the Fintech event on Tuesday, England’s Finance Minister Rachel Reeves added that the proposals would be aimed at making the country “world leader in digital assets.”
The rules will bring cryptists, dealers and agents to regulatory layers, “the cracking of bad actors while supporting legal innovations,” he said.
“Crypto firms with British customers will also have to meet clear standards related to transparency, consumer protection and operational capacity – just like traditional financial firms.”
Reeves said that England plan to deepen regulatory cooperation with the United States for the adoption of digital assets “responsible”. “The British is a world leader in digital assets, international cooperation is important,” the International Annual Summit for Participants in the Fintech Industrial Group.
The UK Finance Minister met with his US counterpart Scott Bessent to discuss a trade agreement with his US counterpart Scott Bessent. Earlier, the improvement of working relations with the European Union was “controversial more important.”
“Regulatory must support business, do not keep it,” said Reves Thursday.
Crypto Industrial Indisers say the organization of financial behavior in Britain’s financial services – is very limited when it comes to confirming the notes from digital asset companies.
FCA is the regulator that is responsible for companies that want to provide Crypto services in the regulations of dirty money laundering regulations in the UK
