UK crypto hub ambitions at risk if it does not pass new rules quickly, experts warn

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City AM

By Chris Dorrell The government’s new plans to “robustly regulate” cryptoassets garnered mixed reactions from the crypto industry today, with experts saying that while the proposals were welcome there were still huge questions about the timeline for when they might come into effect. Nick Taylor from Luno, a crypto exchange, described the launch of the consultation as “a pivotal moment”. “Whilst there is still a way to go before new rules come into force, we’re encouraged by the scale of the government’s ambition… comprehensive regulation will drive up standards, protect consumers, and give bus…

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