December 15, 2025 - 07:53

Britain is set to introduce regulations for cryptoassets beginning in October 2027, according to a recent announcement from the finance ministry. This move aims to provide clarity and stability for the industry while ensuring that "dodgy actors" are kept at bay. The forthcoming legislation will be presented to parliament, marking a significant step toward formal oversight of cryptocurrency activities in the UK.
The new regulatory framework will extend existing financial regulations to encompass companies engaged in crypto transactions, aligning the UK’s approach more closely with that of the United States. This contrasts with the European Union, which has opted for a more tailored set of rules specifically designed for the crypto sector.
A spokesperson for the finance ministry noted that the draft bill, which outlines the proposed regulations, has only seen minor adjustments since its initial publication earlier this year. This development signals the UK government's commitment to establishing a secure and regulated environment for the burgeoning crypto market.
June 17, 2026 - 02:28
City Council rejects first reading of budget, amendment approved to finance Ajax Turner non-profitThe City Council held its second first reading of the Fiscal Year budget on Tuesday night, but the outcome mirrored the previous session. Despite cutting more than $697,000 in proposed spending,...
June 16, 2026 - 22:13
'El Jefe' speaks: forget about 2008, it's really more like 2004The most senior chief financial officer among New York-listed companies has a message for investors who are bracing for a repeat of the 2008 financial crisis: calm down. According to the executive,...
June 16, 2026 - 07:40
RBA interest rate decision live: Aussies 'forced into hibernation' brace for year of painThe Reserve Bank of Australia has announced its latest cash rate decision, keeping interest rates on hold at 4.35 percent. The move was widely expected by economists, but it offers little relief...
June 15, 2026 - 19:13
VHFA Awards Tax Credits to Support 241 Affordable Housing UnitsThe Vermont Housing Finance Agency has set aside low-income housing tax credits to support the creation or preservation of 241 affordable housing units throughout the state. The funding will go...