UK regulators have launched a major consultation on how cryptocurrencies should be regulated, focusing on crypto listings, DeFi, and staking. The move follows the UK Treasury’s plan to bring crypto closer to traditional finance rules.#ETH🔥🔥🔥🔥🔥🔥
The proposal suggests a “similar approach” to TradFi, meaning crypto services that act like financial products may follow comparable standards. This includes clearer disclosures, better risk management, and stronger user protection.#meme_coin
Importantly, regulators say the rules will be technology-neutral, focusing on what a service does rather than how it is built. This approach could give the industry more clarity while still allowing innovation to grow.
By setting clearer rules, the UK aims to boost confidence in crypto and strengthen its position as a global digital asset hub. Industry players and the public are now invited to share feedback before final decisions are made.#cryptooinsigts