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BREAKING 🚀 UK to formally bring crypto under financial regulation starting in 2027.
Legislation will be introduced to Parliament on Monday, extending the existing regulatory framework for traditional finance to cover crypto asset companies. This move follows years of consultation and signals a major shift from the UKs previous wait-and-see approach.
The 2027 timeline gives firms a multi-year runway to prepare for compliance. It aims to provide consumer protection and market integrity, aligning with the EUs MiCA framework but on a delayed schedule.
This institutional embrace could boost long-term adoption but will pressure decentralized protocols. Watch for regulatory arbitrage between jurisdictions. $BTC $ETH
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