UK to unveil crypto regulation plan

The UK is set to unveil a comprehensive cryptocurrency regulation plan to shore up its position amid Donald Trump’s crypto-friendly policies in the US.

The Treasury is preparing two bills on stablecoins and staking to reduce their regulatory risks and create a favorable environment for digital assets.

The Financial Conduct Authority (FCA) is expected to unveil a roadmap for crypto regulation this month, with further steps planned for next year.

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