Why this MP is pushing for crypto adoption in the UK
The Scoop
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The APPG Report Is Antithetical to the TSC Report
No jurisdiction is looking at it as gambling because quite a lot of the activity looks like financial services. We have some private regulation already to protect consumer harms and ensure that fiat backed stablecoins are regulated in a proportionate approach. Here in the UK, we still await some of the detail with the secondary legislation to exactly what that looks like. So we asked the government to continue engage with industry as Lisa does so not just here domestically, but globally to.
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