UK Treasury Committee


Policy

UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.

The UK government wants to regulate crypto like finance, not gambling (Ugur Akdemir/Unsplash)

Policy

UK to Focus Regulation on Stablecoins Rather Than Crypto in General: Report

“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.

Economic Secretary to the Treasury John Glen

Markets

UK Must Act Quickly to Ensure Fintech Lead, Encourage Crypto: Treasury Report Urges

The U.K. Treasury report highlights the need to launch a new regime for the regulation and administration of crypto assets.

UK flag

Markets

Ripple Put on Defensive at UK Parliament Blockchain Hearing

A UK parliamentary hearing on blockchain and cryptocurrencies took on a largely negative tone with one panelist dismissing the technology as a fad.

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