Apparently, crypto's role in facilitating 'economic crime' is a big deal in the U.K. The government is stepping up plans to regulate crypto as part of a broader mandate to protect economic integrity.
The government of the United Kingdom has laid out plans to step up regulation of crypto assets in its efforts to respond to economic crime in the country.it planned to “robustly” regulate crypto to fight illicit use of digital assets.
“These steps will be in keeping with our ambition to make the U.K. an attractive destination for cryptoassets and cryptoasset innovation in the world,” said the plan. “Challenging as it is, effective cryptoasset regulation benefits everyone, including consumers and firms.”New measures announced today to tackle economic crime
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