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BTCC / BTCC Square / Global Cryptocurrency /
UK Government Unveils Draft Crypto Legislation to Foster Growth and Safeguard Investors

UK Government Unveils Draft Crypto Legislation to Foster Growth and Safeguard Investors

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-29 19:50:02
0

The UK government has released a 27-page draft of proposed crypto regulations under Order 2025 of the Financial Services and Markets Act 2000. The framework seeks to establish clear definitions for digital assets—including stablecoins—while bringing custody services and exchange operations under regulatory oversight.

With 12% of UK citizens holding cryptocurrency as of August 2024, the legislation aims to balance market innovation with consumer protection. The policy document emphasizes creating conditions for Britain to emerge as a global hub for crypto enterprises.

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