The UK Treasury is finalising plans for a package to regulate the cryptocurrency industry<p>The Financial Times has the report. The FT is gated. </p><p><a href="https://www.reuters.com/technology/britain-finalises-plans-regulation-crypto-industry-ft-2022-12-05/" target="_blank" rel="nofollow">Reuters </a>have the headlines:</p><ul><li>Treasury is finalising plans for a package to regulate the cryptocurrency industry</li><li>including limits on foreign companies selling into the country and restrictions on advertising</li></ul><p>And that's about it, no further details. </p><p>I've seen also that the package will include provisions for how to deal with a collapse of companies. Obviously FTX has raised interest in how to deal with this. </p><p>---</p><p>Meanwhile, in the US, Bloomberg reports that the FTC is probing several crypto firms re allegations their advertisements were misleading.</p><p>-</p><p>Bitcoin update:</p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: The UK Treasury is finalising plans for a package to regulate the cryptocurrency industry (https://forexlive.com/Cryptocurrency/the-uk-treasury-is-finalising-plans-for-a-package-to-regulate-the-cryptocurrency-industry-20221205/https://forexlive.com/Cryptocurrency/the-uk-treasury-is-finalising-plans-for-a-package-to-regulate-the-cryptocurrency-industry-20221205/)
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