UK Elections Unlikely to Impact Crypto Regulation

The post UK Elections Unlikely to Impact Crypto Regulation appeared first on Coinpedia Fintech News

Industry stakeholders believe that the approaching UK elections will not affect the country’s progress in regulating the crypto sector. The UK became a crypto hub in 2022 with the introduction of the markets bill by the Conservative party, which enabled crypto to be regulated by the Financial Conduct Authority (FCA). The ruling Conservative party has promised to introduce legislation for stablecoins and staking in the coming weeks, which many believe is a realistic goal.