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Benzinga
Benzinga
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Benzinga Contributor

Can The UK Become The Global Hub For Crypto?

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock

As Bitcoin (CRYPTO: BTC) holds above the pivotal $46k level, regulation continues to advance as the U.K. government has revealed a detailed plan to make the country a global crypto hub. This plan includes establishing a regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by the summer.

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