The United Kingdom intends to launch a legal framework for Crypto and stablecoins in early 2025, aiming to change the landscape of the Crypto industry in the country.
The new legal framework will integrate stablecoin management and staking into a single system, simplifying complex administrative procedures.
The UK government will regard staking as a technology service rather than a form of collective investment, thereby easing heavy financial regulations and promoting innovation in the sector.
This is an important step for the UK in its effort to maintain a leading position in the global race, as the EU has adopted the MiCA legislation and the US under President-elect Donald Trump is also pushing for the development of Crypto.
