🇬🇧 U.K. regulators call for further action on crypto markets
A report released by the British Parliament’s Treasury Committee on Wednesday calls for regulators to introduce regulation for crypto markets in the U.K. The report cites limited consumer protection, potential exchange hacks, money laundering concerns, and price volatility as reasons to move from issuing warnings to creating clear laws and regulations for the space. To start, the report asked the government to evaluate the risks in the cryptocurrency sector in order to asses whether the industry's growth should be encouraged.
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