Crypto may soon say 'cheerio' to the wild west as UK Parliament puts the final touches on the Financial Services and Markets Bill. Regulation, here we come.
Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation that could help support the adoption of crypto in the country.for the passage of the Financial Services and Markets Bill — legislation aimed at strengthening the country’s financial services industry. The bill went through a third reading in the House of Lords, one of the final stages in passage before considering any additional amendments and being signed into law.
“This bill delivers the outcomes of the future regulatory framework review, giving the regulators significant new rulemaking responsibilities, whilst balancing that additional responsibility with clear accountability, appropriate democratic input, and transparent oversight,” said Baroness Joanna Penn.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
UK Crypto, Stablecoin Laws Approved by Parliament's Upper HouseNEW: Lawmakers in UKHouseofLords have voted for the new Financial Services and Markets Bill, which proposes regulating crypto and stablecoins under existing laws. camomileshumba reports.
Leer más »
Breast cancer survivor raising awareness about 'financial trauma'Since her diagnosis in 2020, 40\u002Dyear\u002Dold Sarah Wright has accumulated over $20,000 in debt as health expenses piled up and sick days ran out.
Leer más »
Hispanic Chamber of Commerce reopens services in OgdenThe chamber will have a physical presence at Weber State's Community Education Center and plans to offer more events and services in Ogden.
Leer más »
Rising costs prompt retirees to consider unretirement for financial stabilityWith higher costs for just about everything these days, some retirees are considering a return to the work force. The reasons for unretirement – as it's called – can vary.
Leer más »
The New Financial Rite of Passage for Teens—and Their ParentsTeen accounts on payment apps offer financial freedom with oversight.
Leer más »
Opinion | This financial decision could haunt Cincinnati Reds rookie Elly De La CruzSensational Cincinnati Reds rookie Elly De La Cruz signed a financial deal that julito77 says Major League Baseball should help players avoid.
Leer más »