UK crypto bill reaches final stage, on track for passage By Cointelegraph
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A bill bringing cryptocurrencies under the same rules applied to traditional assets is set to pass into law in the United Kingdom as it reaches the final stages for King Charles’ royal assent on June 29, the final step required for a parliamentary bill to become law.
Approved by the upper chamber of the U.K. parliament on June 19, the Financial Services and Markets Bill has been discussed in the British Parliament since July 2022 and is expected to increase legal clarity and support the adoption of cryptocurrencies in the country.
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A bill bringing cryptocurrencies under the same rules applied to traditional assets is set to pass into law in the United Kingdom as it reaches the final stages for King Charles’ royal assent on June 29, the final step required for a parliamentary bill to become law.
Approved by the upper chamber of the U.K. parliament on June 19, the Financial Services and Markets Bill has been discussed in the British Parliament since July 2022 and is expected to increase legal clarity and support the adoption of cryptocurrencies in the country.
Continue Reading on Coin Telegraph
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