‘Proportionate’ Crypto Rules to foster Industry

‘Proportionate’ Crypto Rules to foster Industry

John Glen, City Minister, UK, emphasized “proportionate” regulations would lift the crypto industry. Addressing at the Treasury’s International Fintech Conference, the minister stated, “Regulation could be an enabler of a stable, flourishing cryptocurrency exchange in the City of London.” He added that the existing operations of crypto industry do not pose a threat to UK economy.

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