According to ChainCatcher, UK Cities Minister Lucy Rigby has stated that the United Kingdom is poised to become a global leader in the cryptocurrency sector. The government is in the process of developing groundbreaking new regulations to bring crypto asset companies under a regulatory framework.
Rigby emphasized the UK's ambition to be the preferred destination for crypto asset companies seeking growth. She noted that these new rules will provide businesses with the clarity and consistency needed for long-term planning.