According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments.
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UK government rejects lawmaker’s call to treat crypto like gambling
The government added that it is already working on regulating the crypto market, and proposed legislation was put before parliament and debated last month.
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United Kingdom’s digital pound meets public backlash — Why?
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency?
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UK bill on online safety should apply in the metaverse, say lawmakers
Several members of the House of Lords voiced concerns about children’s online activities in legislation aimed at regulating “anything communicated by means of an internet
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UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox
“Until there is more certainty in these frameworks, we are intending to utilise existing regulatory initiatives to develop policy and regulation for this asset class,”
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UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA and other law enforcement agencies investigated 36 crypto ATM locations using powers under money laundering regulations.
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