UK MP: Clear crypto regulations should be in place to prevent consumers from switching to unregulated offshore providers
2025-08-29 02:57:39
According to DL News, members of the British Parliament have warned that the UK is lagging behind on crypto regulations and could lead consumers to switch to unregulated offshore providers. New co-chairs Gurinder Singh Josan and Edward Vaizey have called on lawmakers to set clear rules. Singh Josan said the government's failure to pass meaningful legislation could push businesses to friendlier jurisdictions and even lead to consumer money flowing to dubious schemes.
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