The report also calls for a shift in the regulatory approach towards unbacked cryptoassets, such as Bitcoin and Ether. Due to their volatility and lack of intrinsic value, the committee argues that these assets pose substantial risks to consumers, likening speculation in these assets to gambling. (Read More)
from Blockchain News https://ift.tt/GLifOAq
UK Legislators Advocate for Treating Crypto Trading Similar to Gambling Regulations
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on
May 17, 2023
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