UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation – Regulation Bitcoin News

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UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation – Regulation Bitcoin News
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U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. cryptocurrency bitcoin

“We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the British parliament member who will chair the group.U.K. parliament members and members of the House of Lords have formed the Crypto and Digital Assets Group, the Financial Times reported Friday.

We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated. Cryptouk, a trade association for digital assets, will serve as the parliamentary group’s secretariat. The association has been lobbying lawmakers for a year for positive crypto regulation in the U.K.

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