UK Unveils Crypto Legislation, Joins US on Innovation Sandbox

UK Chancellor Rachel Reeves has unveiled draft crypto legislation aimed at regulating cryptoassets, seeking to enhance consumer protections and bolster investor confidence in the rapidly growing digital asset sector. ​ The draft crypto legislation, revealed by Reeves at a major summit in London during UK Fintech Week, responds to the rising levels of cryptocurrency ownership in the UK and the increasing risks posed by scams and bad actors. “Firms offering services for cryptoassets like Bitcoin and Ethereum will be subject to new, clear rules, boosting investor confidence and driving growth through the Plan for Change,” the HM Treasury stated in an The post UK Unveils Crypto Legislation, Joins US on Innovation Sandbox first appeared on The Shib Daily. source: https://news.shib.io/2025/04/30/uk-unveils-crypto-legislation-joins-us-on-innovation-sandbox/?utm_source=rss&utm_medium=rss&utm_campaign=uk-unveils-crypto-legislation-joins-us-on-innovation-sandbox