UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
The U.K.’s Treasury, Financial Conduct Authority, Bank of England, and the Payments Systems Regulator will soon be able to introduce and enforce rules to regulate the sector.
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Just don't expect the UK to be "easy"...
Nomo Bank latest in UK to block Binance payments
https://protos.com/nomo-bank-latest-in-uk-to-block-binance-payments/
you want easy, there are plenty of offshore havens (designed by the City of London).
having thrown off the shackles of the EU it's back to post-imperial business as usual - new twist, old story.
Singapore wants crypto firms to keep client funds in a trust
https://www.theblock.co/post/237453/singapore-crypto-firms-client-funds-trust
fair enough, to stop commingling funds, but...
that's just the usual "allow the rich to get richer" scam; something crypto was supposed to stop.
similar - to avoid using client funds internally =
Thai SEC bans the use of customer crypto assets for lending and investment
https://cointelegraph.com/news/crypto-thai-sec-bans-the-use-of-customer-crypto-assets-for-lending-and-investment