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Crypto assetsJune 26 2023

Collaboration is key to establishing cohesive UK crypto regulation

Approaches to crypto regulation in the UK remain worryingly inconsistent, putting the country’s ambitions for the sector at risk, writes Nicola McKinney.
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Collaboration is key to establishing cohesive UK crypto regulation

High levels of public interest in crypto assets, together with recent high-profile reports of fraud, financial crime and investor losses in the digital assets industry, have led to a proliferation of consultations and reports examining how the sector should be both promoted and regulated in the UK.

In the past 12 months, the Law Commission, the House of Commons Treasury Committee and most recently the All-Party Parliamentary Group on Crypto and Digital Assets (APPG) have all published reports about the sector.

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