According to Foresight News, Bloomberg reported that sources revealed that the British government plans to announce a regulatory plan for the crypto industry this month to attract digital asset companies to enter. The UK Treasury is currently planning legislation on stablecoins and exceptions required by crypto providers (excluding pledge services from current financial regulation). The Conservative government led by former British Prime Minister Rishi Sunak was originally expected to pass legislation this summer, but it decided to hold a general election in July. The Conservative Party lost the general election, which led to a delay in the plan, and the Labour government led by Keir Starmer also shelved the plan.