The UK government released its final rules on cryptocurrency assets and stablecoins on Monday. The report is the next step in the drafting of a bill that will compete with the EU's MiCA in regulating cryptocurrency assets. Oliver Linch, CEO of Bittrex Global Exchange, said the new framework could end the "chaos" of the country's policy initiatives, setting up guardrails for companies and lending platforms in terms of consumer protection, prudential requirements, information disclosure, and market abuse.
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Bittrex CEO: Comprehensive framework for UK crypto regulation could be a policy move to end “chaos”
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