The United Kingdom is preparing a new regulation for crypto assets, promising a project by the beginning of next year. After the change of government, plans have changed, and now the Labour Party, led by Keir Starmer, will take on the regulation. 💼
- Rules for stablecoins and staking are expected.
- Stablecoins do not fit under existing payment laws.
- Staking should not be considered a "collective investment".
Europe and the USA are already ahead, while the UK is losing its attractiveness for the crypto industry.