🇬🇧 Bitcoin slump takes pressure off Britain's regulators
A plunge in the value of bitcoin ($BTC) and other cryptoassets has eased the pressure on Britain’s financial watchdog to take radical action that could deter investment and financial innovation, government officials and regulators said on Tuesday. British regulators and government officials told a conference they were focused on how 2,000 or more cryptoassets slot into existing rules before considering reforms.
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