Conservative leadership race has U.K global crypto hub ambitions in limbo
Rishi Sunak’s shock resignation on July 5 cast uncertainty over the future direction of UK cryptocurrencies Months before his resignation, the former prime minister made the country a global cryptocurrency hub. led several policies to change
This includes reforming payment regulations to recognize stablecoins as valid payments, creating regulatory sandboxes, developing a “Crypto Asset Engagement Group” to act as an interface between governments and the crypto industry, and digital assets. includes a reassessment of tax policy for
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