Coinspeaker
Top 4 Exciting Blockchain Developments in UK Not Related to Coronation
As news of the coronation of King Charles and Queen Camilla continue to dominate the UK airwaves, beneath the royal fanfare, a series of groundbreaking digital developments have been taking place. From trailblazing tax regulations for the cryptocurrency market to the expansion of an innovative digital metaverse, the UK is continuing to position itself as a leader within the realm of emerging technologies and markets.
In this article, we will list out some of these developments, so without any further ado, let’s jump straight into the heart of the matter.
UK’s Vision to Become a Crypto Assets Hub
The UK government is working to establish the country as a “global hub” for crypto assets. With the consultation period on crypto regulation ending on April 30, the UK Treasury expects specific crypto regulations to come into force within a year. The proposed approach will combine existing and new regulat
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