๐ Exciting news from the U.K.! Economic Secretary Tulip Siddiq announced plans to unveil a regulatory framework for the crypto industry by early next year. This move aims to clear up months of uncertainty and will cover stablecoins and staking services. ๐
Stablecoins will no longer be under the U.K.'s payments regime, and new rules on staking will ensure it's not treated as a collective investment scheme. This is a significant step forward for the industry!
What do you think about these upcoming changes? Share your thoughts in the comments!