Techub News reports that, according to CoinDesk, the UK Treasury has stated that it hopes banks will treat cryptocurrency businesses fairly. This is part of the UK government's efforts to establish the country as a global digital asset hub. Currently, the UK government has submitted cryptocurrency asset regulation legislation to Parliament, and the final rules are expected to be confirmed later this year.
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Techub News reports that, according to CoinDesk, the UK Treasury has stated that it hopes banks will treat cryptocurrency businesses fairly. This is part of the UK government's efforts to establish the country as a global digital asset hub. Currently, the UK government has submitted cryptocurrency asset regulation legislation to Parliament, and the final rules are expected to be confirmed later this year.