Retail cryptocurrency buying and selling must be regulated as playing: UK MPs

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Transactions of so-called “unbacked crypto property” (BTC) and ether (ethereum) must be regulated as playing quite than as a monetary service, a UK parliamentary committee mentioned in a brand new report.

Britain is now Cryptocurrency regulatory framework It would combine present monetary asset legal guidelines with new guidelines particular to cryptocurrencies.

Graphs utilized by commissions as proof of cryptocurrency volatility.Supply: Yahoo Finance, UK Parliament
Excerpt from the fifteenth report of the 2022-23 session.Supply: British Parliament

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