Joined: 4/30/2010(UTC)
Posts: 294
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Hey guys, Iβm a crypto fan and investor. I just saw this news that the UK government rejected a plan to regulate crypto like gambling. This is awesome for the crypto industry and the UKβs role as a crypto leader.π
The plan was made by some lawmakers who thought crypto was too risky and unstable. But the UK government said no, crypto is a financial service, not a gambling activity. They said they will follow the global standards and recommendations from international groups, like the G20. They also said they will make a new law for crypto by the end of this year. They also said they see the benefits of crypto and blockchain for finance and payments.π
I think this is great news for crypto, as it shows that the UK government is supportive of innovation and growth, and that they value crypto as a financial asset. What do you think? Do you agree with the UK government? How will this affect the UKβs crypto market and reputation? Share your thoughts below.π
#UK #crypto #regulation #gambling #finance #innovation
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