<ul><li>The UK has introduced draft legislation to regulate the cryptocurrency industry, focusing on exchanges, dealers, and agents.</li><li>The regulations aim to ensure transparency, consumer protection, and operational resilience for firms dealing with UK customers.</li><li>UK Finance Minister Rachel Reeves emphasized the importance of international cooperation to make the UK a global leader in digital assets.</li><li>Industry concerns have been raised over the Financial Conduct Authority's restrictive approval process, hoping for a more balanced approach to encourage growth.</li></ul>

UK Sets The Stage For New Crypto Regulation With Draft Rules On Exchanges And Stablecoins

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